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Philippines Proposes Blockchain-Based Budgeting for Greater Transparency
CryptocurrencyBlockchain BudgetingUpdated 3 days ago

Philippines Proposes Blockchain-Based Budgeting for Greater Transparency

The Philippines is moving towards a blockchain-based budgeting system to enhance transparency in government spending. Senator Bam Aquino announced plans to introduce a bill at the Manila Tech Summit, aiming to place the national budget on a blockchain, which would improve accountability and efficiency in financial management.

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Philippines Explores Blockchain-Based Budgeting System Amid Transparency Push
PositiveCryptocurrency
The Philippines is considering a blockchain-based budgeting system to improve transparency in government spending. Senator Bam Aquino announced plans to introduce a bill for this initiative at the Manila Tech Summit.
Editor’s Note: This move is significant as it aims to enhance accountability in public finances, potentially setting a precedent for other countries to follow. By leveraging blockchain technology, the government hopes to build trust with citizens regarding how public funds are managed.
Philippine lawmaker to propose putting government budget on blockchain
PositiveCryptocurrency
Philippine Senator Bam Aquino is set to propose a bill that aims to place the national budget on a blockchain, enhancing transparency and accountability in government spending.
Bam Aquino proposes blockchain budget
PositiveCryptocurrency
Bam Aquino has proposed a budget focused on blockchain technology, aiming to enhance transparency and efficiency in government spending.

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