Overview

• Speaking at the Manila Tech Summit, Senator Bam Aquino said placing the budget on-chain would let citizens trace every peso spent.
• Aquino suggested the Philippines could be the first nation to do so and acknowledged uncertainty about political support.
• The existing DBM platform records Special Allotment Release Orders and Notices of Cash Allocation for public verification.
• BayaniChain and Prismo connect DBM systems to Polygon, with the developer stressing blockchain is not a silver bullet against corruption.
• Reporters note the plan remains conceptual as questions about scale, legal authority, and adoption persist, with parallel on‑chain data efforts emerging abroad.