Coin Edition
2025-08-28 07:30:29

Philippines’ Plan to Making Every Peso Traceable; Put National Budget On-Chain

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. 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. More News https://t.co/gqMtXPHq4z #CryptoNews #blockchainnews #Coinedition pic.twitter.com/xYzEK9tz8N — Coin Edition: Your Crypto News Edge (@CoinEdition) August 28, 2025 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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