Philippines’ Plan to Making Every Peso Traceable; Put National Budget On-Chain
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- Philippine senator has proposed putting the country’s entire national budget on a blockchain.
- The plan would expand an existing government platform that already uses Polygon to track documents.
- The goal is to create real-time transparency and accountability for all government spending.
Philippine Senator Bam Aquino wants to put the country’s entire national budget on a blockchain.
Speaking at the Manila Tech Summit, he said a blockchain-based system would make every single peso spent traceable in real time. While he admits the political support is uncertain, the move would be a bold step, potentially making the Philippines the first nation to move its entire budget on-chain.
— Coin Edition: Your Crypto News Edge (@CoinEdition) August 28, 2025
Senator Bam Aquino has proposed putting the Philippine national budget on-chain, making every peso traceable.
The Philippines could become the first country with a blockchain-powered budget.
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Is the Philippine Government Already Using Blockchain?
Yes, this proposal builds on a system that is already live. Th…
The post Philippines’ Plan to Making Every Peso Traceable; Put National Budget On-Chain appeared first on Coin Edition.
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