Philippine Senator Proposes Putting Government Budget on Blockchain

Senator Bam Aquino of the Philippines plans to introduce a bill that would transition the country’s national budget to blockchain technology. This move aims to enhance transparency and accountability in government spending. According to Aquino, his proposal will integrate the entire government budget into a blockchain platform, ensuring real-time visibility into how taxpayer money is being used. He has expressed his belief that this innovative approach could bolster governance accountability through technology.