Speaker Faustino โBojieโ G. Dy III emphasized transparency and accountability as the basis of public trust.
This is reflected in the Digital Bayanihan Chain which ensures that each official record has one clear and authoritative version. Changes cannot be quietly altered and every update leaves a visible trail, allowing anyone to verify that records remain authentic over time.
Learn more at https://t.co/CDoDb89pJR
At @senatePH discussing Senate Bill 1330 (Blockchain the Budget Bill), representing @BayaniChain
Our suggestions:
1.Enabling censorship-resistant financial coordination through interoperable multi-chain systems.
2.Minimizing human dependency with autonomous, smart contractโbased workflows.
Transparency happens onchain and there's no better solution than Polygon to help governments make it happen
@0xMarcB sat down with @BayaniChain to explore how the Philippine government can put its national budget on Polygon
DICT, blockchain firm BayaniChain Ventures, and US tech company Polygon Labs discuss how blockchain can enhance transparency and accountability in Philippine government systems. | via @_izzylee
Accountability and transparency are keys to the new standard of governance
We're excited to showcase how our framework can play a vital role in making our country a better place ๐ต๐ญ
From budgets and procurement to full infrastructure projects, every record matters.
Through BayaniChainโs Digital Public Asset (DPA) Framework, public records can be transformed into secure, auditable digital assets, all verifiable on blockchain. This gives citizens access to information with confidence, knowing it cannot be tampered with.
Today marks an important step forward: weโve officially signed a Memorandum of Agreement with Mayor Benjamin Magalong and the City of Baguio to begin piloting GoodGovChain, a blockchain-powered governance platform.
This partnership is just the beginning! Together, weโre building the foundation for transparency, accountability, and citizen trust in government systems. ๐ต๐ญ
BLOCKCHAIN TAKES CENTER STAGE ๐
Feature: In a statement sent to BitPinas, Department of Information and Communications Technology (DICT) Secretary Henry Aguda praised Senator Paolo Benigno "Bam" Aquino IV's recently filed blockchain bill, highlighting its potential use cases to solve real problems in the Philippines. ๐ต๐ญ๐
๐๐๐ฐ๐๐ญ ๐ฉ๐ข๐ฌ๐จ, ๐ค๐ข๐ญ๐ ๐ง๐ ๐ฉ๐ฎ๐๐ฅ๐ข๐ค๐จ. ๐งพ
Weโve officially filed the ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐๐ ๐๐ญ ๐๐ข๐ฅ๐ฅ, isang panukalang batas na naglalayong gawing transparent at accessible ang national budget gamit ang blockchain technology.
Walang tago. Walang lusot. Bawat kontrata, bawat proyekto โ kayang i-track, i-audit, at unawain ng bawat Pilipino.
๐๐๐๐๐๐๐๐๐๐ ๐๐ง๐ ๐๐๐ ๐๐๐๐ ๐จ ๐๐ง๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐๐ ๐๐ญ ๐๐ข๐ฅ๐ฅ para sa mas efficient, transparent, at accountable na pamahalaan.
You can cook the books, but not the chain.
Sen. @bamaquino is calling for the national budget to be recorded on blockchain where every peso spent is traceable and every project has a digital receipt.
In a country where ghost projects and missing funds make headlines, this could mean real accountability.
๐ฅ @bncdotph
Philippines government budget is now notarized onchain, on Polygon.
The Department of Budget and Management has officially launched a blockchain-based system to store documents, providing an immutable record on Polygon for anyone to view or verify.
Implemented by Lumen, BYC, and Prismo Protocol, the program increases transparency and tracking of public funds.
Very proud to share a historic project from @BayaniChain
Yesterday marks the official go live of Project MARISSA. This groundbreaking initiative integrates our own framework to integrating blockchain technology into the Action Document Releasing System (ADRS).
Critical budget documents like SARO (Special Allotment Release Order) and NCA (Notice of Cash Allocation) are now transparent, trackable, and tamper-proof on the blockchain.
Citizens can now independently verify government budget allocations through a public-facing portal, ensuring document immutability and tamper-proofing while promoting transparency and trust.
This represents the Philippines' first government blockchain execution ๐ต๐ญ