Blockchain Could Clean Up Government Spending, Philippines Official Says
According to Department of Information and Communications Technology (DICT) Sec. Henry Aguda, the government is taking concrete steps to test whether blockchain can make the Philippine national budget more open and traceable. Related Reading: Crypto Trader Dies By Suicide In Ukraine Amid $19 Billion Market Crash He told the Malacañang Press Corps that a working […]
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Efforts to integrate blockchain technology into government operations may soon advance in the Philippines. Senator Bam Aquino announced plans to introduce a bill that would place the country’s national budget on a blockchain platform, aiming to enhance transparency and accountability in public spending. Speaking at the Manila Tech Summit on Wednesday, Aquino explained that the […]
Enrico Paringit, an official at the Department of Science and Technology, said that the goal of the training is to build non-crypto apps. The Philippine government has started its exploration of blockchain technology use cases, launching a training program for researchers in the government’s Department of Science and Technology (DOST). Enrico Paringit, a DOST official, reportedly said that the goal of the training is to see how blockchain can play a role in areas like healthcare, financial support and emergency aid. Apart from these, Paringit noted that the department is also taking a look....
Government agencies in the Philippines have begun recording certain public documents on a blockchain ledger, a step officials say is meant to make records harder to change and easier for citizens to check. Related Reading: WLFI Expands Into Payments: Debit Card + Apple Pay On The Way The move comes after mass demonstrations this month […]
Personal data of 55 million Filipinos, including their fingerprints, was recently hacked and posted online, but the international media don't seem concerned. All we hear is Putin, Cameron, Abitabh Bachchan and the juicy Panama Papers. People's privacy seem to be of no concern. Does privacy of the masses matter and who is responsible for it? The leak of data from the Philippines Election Commission follows other large government leaks, from Turkish Residency Database to the US Office of Personnel Management files. In March 2016, there was a massive breach in the database of the Philippines'....
The Philippines will hold a convention on payments and e-commerce this September to highlight the growth an opportunities in this industry. This will bring together more than a thousand attendees, 60 speakers, and 40 international and local exhibitors for the Cards & Payments Philippines and E-Commerce Show Philippines expo, with some set to discuss cryptocurrency trends in the country. The events will be held in the SMX Convention Center in Manila from September 2 and 3, with industry leaders from the Department of Trade & Industry, Bangko Sentral ng Pilipinas, Globe Telecom, E-PESO, Land....