Philippines Eyes Blockchain to Fight Corruption and Improve Transparency
Can blockchain make government spending truly transparent? The Philippines is about to find out.
DICT Secretary Henry Aguda says blockchain could revolutionize how the national budget is tracked—making every peso traceable in real time. Backed by Senator Bam Aquino’s proposed Budget Blockchain Act, the plan aims to fight corruption through open data. But legal experts warn it could be costly and overly complex. Will transparency or technology win?
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