Blockchain could work vs corruption but even rules are prone to abuse by officials —Marcos

Manila Bulletin

President Marcos has agreed that blockchain technology could help prevent corruption in the use of public funds, but acknowledged that even rule-bound systems have been undermined by officials in the past.  READ: https://mb.com.ph/2025/10/06/blockchain-could-work-vs-corruption-but-even-rules-are-prone-to-abuse-by-officials-marcos  Subscribe to the Manila Bulletin Online channel! - https://www.youtube.com/TheManilaBulletin  Visit our website at http://mb.com.ph Facebook: https://www.facebook.com/manilabulletin Twitter: https://www.twitter.com/manilabulletin Instagram: https://instagram.com/manilabulletin Tiktok: https://www.tiktok.com/@manilabulletin  #ManilaBulletinOnline #ManilaBulletin #LatestNews

Transcript

00:00I haven't seen any AI that's specifically geared towards that.

00:04Blockchain is something that could work.

00:08However, what has happened has been that we have violated the rules.

00:12Those rules exist.

00:14And simply we don't, in the last decade, they stopped following the rules.

00:21For example, when I was in local government, when national government came in and was going to do a construction,

00:27they come in, they do the project.

00:29And then, at some point, they come back to the local government executives and say,

00:34tapos na. Natapos namin yung project.

00:36Inspectioning namin ngayon yun.

00:38Pag nakita namin, hindi maganda ito, hindi tama itong ginawa ninyo.

00:42Hindi ko pipirmahan yung acceptance.

00:44Dapat, pag hindi ko pinirmahan yung acceptance ng local government,

00:48hindi mababayaran ng contractor.

00:50Sa tawagin yung contractor, tignan mo ulit.

00:53Hindi tama itong ginawa ninyo, ayusin mo.

00:55Pagka naayos nyo, han, pipirmahan ko ito, mababayaran kayo.

01:00Yun ang sistema noon.

01:02Apparently, in the last administration, they removed that entirely.

01:05Okay.

01:06And I didn't, I was shocked.

01:08I was shocked because this is like standard procedure.

01:11This is like, you don't think about this anymore.

01:13Yeah.

01:25Yeah.

01:34Yeah.

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