Overview

• Aquino pitched logging every peso of spending on-chain at the Manila Tech Summit, saying the Philippines could be first to do so and acknowledging uncertain political support.
• No formal bill has been filed, leaving the push at a conceptual stage pending legislative action.
• The DBM’s live platform posts SAROs and NCAs to Polygon using technology from BayaniChain with Prismo handling data orchestration and validation.
• BayaniChain welcomed the transparency goal but cautioned blockchain is not a silver bullet, noting its strength lies in immutable public records.
• Observers flagged hurdles including scalability, treatment of sensitive data, legal frameworks, and choosing between public or permissioned ledgers, as other governments pilot on-chain data releases such as a new U.S. plan.