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’Trace Every Peso,’ Philippines Proposes Blockchain Budget
’Trace Every Peso,’ Philippines Proposes Blockchain Budget
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BTCCSquare news:
The Philippines is poised to revolutionize its fiscal governance through blockchain technology. Senator Bam Aquino's proposal for a blockchain-based budgeting system aims to bring unprecedented transparency to public spending.
This move signals growing institutional recognition of distributed ledger technology's potential beyond cryptocurrencies. While no specific blockchain is named, the initiative could spur broader adoption of crypto infrastructure in Southeast Asia's emerging economies.
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