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    Der philippinische Senator hat vorgeschlagen, den gesamten Staatshaushalt des Landes auf eine Blockchain zu bringen.

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    1. coinfeeds-bot on

      tldr; Philippine Senator Bam Aquino has proposed placing the country’s entire national budget on a blockchain to ensure real-time transparency and accountability for government spending. The plan builds on an existing system operated by the Department of Budget and Management (DBM), which uses the Polygon blockchain to track fiscal documents. If implemented, this initiative could make the Philippines the first nation to adopt a fully blockchain-powered budget, enhancing public trust and financial accountability.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    2. According_Time5120 on

      Pretty interesting move from the Philippines Senator Bam Aquino is pushing to put the entire national budget on-chain so every peso spent could be tracked in real time.

      They already have some groundwork, the Department of Budget & Management runs Asia’s first blockchain budget system on Polygon, with Prismo handling security and integration.

      Right now it only covers certain fiscal documents like SAROs, but Aquino wants the whole budget open for public verification.

      If this goes through, the Philippines could be the first country to run its budget fully on a blockchain.

    3. Strange-Tension6589 on

      what can go wrong? Philippines has a president that was raised with the billions that his dictator father stole from the country lol

    6. partymsl on

      Interestingly, they already use Polygon for some internal documents.

      Man Polygon is truly so underrated and I say that as a person with no POL at all.

    7. implaying on

      Recently, a lot of people are exposing corruption in our country like most of these politicians are corrupt. I really hope this push through but I have low expectations

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