Philippine Senator Proposes Blockchain Use for National Budget Transparency

Senator Bam Aquino is set to introduce a bill that will put the Philippines' national budget and financial transactions on a blockchain platform. The initiative seeks to boost transparency and public oversight, making government budgeting fully trackable by citizens. Aquino's proposal builds on a previous blockchain-based document verification initiative, also introduced by the Department of Budget and Management, and follows global trends in using blockchain for government transparency.

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