PH launches world's first blockchain system for 2026 budget

The Manila Times

PH launches world's first blockchain system for 2026 budget  Information and Communications Technology Secretary Henry Aguda on Jan. 15, 2026 announces the integration of blockchain technology into the 2026 General Appropriations Act (GAA) as part of the government's efforts to ensure transparency and prevent the misuse of public funds. In a press conference in Malacañang, Aguda said the Philippines has become the first country to adopt a blockchain system for its entire national budget. Aguda said the initiative, known as the Digital Bayanihan Chain, digitized the full budget cycle, including congressional approval, disbursement, expenditure and reporting to create a tamper-proof record of government spending.  VIDEO BY CATHERINE VALENTE  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at [https://www.manilatimes.net](https://www.manilatimes.net/)  Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion  Subscribe to our Digital Edition - https://tmt.ph/digital  Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcher Tune In: https://tmt.ph/tunein  #TheManilaTimes #TMTNews #blockchain #Philippines

Transcript

00:00It isang mainit na pagbati po sa lahat.

00:02So, nandito po kami ngayon para ibahagi ang isang critical na hakbang towards digital governance.

00:09Ito po'y pagtugon sa utos po ng Presidente na gamitin ang digital technology

00:14para magkaroon na mas ma-taas na tiwala ang kaung bayan sa gobyerno.

00:23Ito naman po'y pinag-ano rin po, tinulak din po ni Speaker at saka ni Senate President

00:29at ang kagandahan po nito, hulog galing at approach ng puto.

00:34Kaya ito po, masaya ko pong sinasabi,

00:36ang Pilipinas ang unang legislative body sa Asia na gumamit ng blockchain para sa national budget.

00:43At unang bansa sa mundo na may fully on-chain national budget po.

00:48So, first in the Philippines.

00:51Ibig sabihin, ang pera ng taong bayan may permanenting digital na resibyo.

00:56Hindi pwedeng palitan, hindi pwedeng dayahin.

01:00Hindi lang tayo sumabay, nag-leafkrag po tayo.

01:03Habang ang ibang bansa ay gumagamit lamang ng blockchain sa mga portions of their budget,

01:11ito pong taon na ito, matatapos ang taon,

01:13na ang Pilipinas ang maglalagay ng buong budget cycle sa isang tamper-proof system.

01:19BING PAO TORONTO

01:47BING PAO TORONTO

01:49BING PAO TORONTO

01:54MING PAO TORONTO

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