Local Web3 Leaders Answers Gov’t Call with Solidarity Statement

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Editing and Additional Reporting by Nathaniel Cajuday

More often than not, blockchain, web3, and other related tech events are mainly hosted by tech-concerned private firms and entities. 

But, this time, the government, represented by the Department of Information and Communications Technology (DICT), in partnership with the Provincial Government of Bataan, took the initiative and organized the country’s Global Blockchain Summit, held last October 26-27, 2022, at the Bataan People’s Center in Balanga City, Bataan.

THE BATAAN BLOCKCHAIN CITY. Outside the event’s venue, the Bataan People’s Center.

The two-day summit was attended by government officials, local and international blockchain experts, and industry leaders who participated in discussions about the current state of the blockchain industry and the state of blockchain regulations and compliance in the Philippines. 

Panels about women in blockchain, the adoption of blockchain technology, revolutionizing art through NFT and P2E gaming, and future plans to strengthen the blockchain industry in the country are also part of the discussions.

In line with furthering the adoption of blockchain technology in the country, local government leaders, especially the DICT, have called upon the industry leaders present at the summit to lend them a hand in creating a blockchain and web3-enabled Philippines.

BRIGHT VISION. Engr. Emmanuel Pineda of the Authority of the Freeport Area of Bataan shares how he sees the blockchain industry as part of the country’s future. 

Starting from the host province, Bataan Governor Jose Enrique S. Garcia III relayed the province’s goal to become “Bataanverse,” which he noted as a “reality in this province that will be realized in the near future.”

THE BATAANVERSE. Bataan Governor Jose Garcia shows that the government’s support is key to onboarding locals into the metaverse. 

He also highlighted the Freeport Area of Bataan as the emerging hub for blockchain and future technologies. According to the governor, the AFAB will be conducive to cross-border trade and the exchange of digital assets, securities, commodities, options, and derivatives between and among international investors.

DICT Secretary Ivan John E. Uy also stressed that the emerging industry brought by web3 and blockchain would play a crucial role in creating employment and investment opportunities, as well as advancing countryside development even during the global pandemic.

“As the country fully transitions to the new normal and to a new administration, the DICT remains steadfast in creating programs and projects that hope to address the growing demand from the consumers, the builders, and the enablers within the web3.0 and blockchain industries. The DICT commits to continuously work with other government agencies and private organizations in Web3.0 and Blockchain Industry, for us to improve our existing initiatives and calibrate our priorities,” he stated.

Consequently, DICT Undersecretary for ICT Industry Development Jocelle Batapa-Sigue emphasized in her closing message a call for action for all key players and partners in the blockchain industry to start collaborations and initiate the formation of a blockchain industry association. 

“Formalizing the Web3 Alliance will bind everyone here with a greater sense of shared responsibility, as partners and stakeholders from the blockchain industry commit to become a part of something larger than themselves and truly make a difference,” she stated.

PARTNERSHIP MATTERS. DICT Usec. Jocelle Batapa-Sigue calls on the private sector to join the government’s efforts in digitalization. 

And even before the undersecretary finished her closing remarks, a lawyer-representative from the country’s blockchain sector, Nathan Marasigan (Yield Guild Games), emerged from the stage to present the solidarity statement of the newly established Web3 Alliance.

Web3 Alliance Philippines is composed of key local players and partners from the industry including; Kristian Quirapas (Web3 Philippines), Luis Buenaventura (YGG), Katrina Gozalez (YGG Pilipinas), Kennet Stern (Binance PH), Eprom Galang (Coins.ph), Alvin Wong (Maya), Gail Macapagal (Women in Blockchain), Myrtle Ramos (Blocktides), Jen Bilango (BlockchainSpace), Renz Chong (BreederDAO), Gerb Inajada (Web 3.0 Gaming Community), Celeste Rodriguez (YGG), Yat Leung, Sheree Gotauco (ScarletBox), Jacqueline Lim (Nas.io PH), Melissa Mesias (Sparklearn EdTech), Angeline Viray (TalentHero), Christian Blanquera (Shoppable Business), Paul Soliman (Likha), Chezka Gonzales (Women of Substance NFT), Ismael Jerusalem (Ownly), Jeffrey Reyes (Twala), Cholo Puno (Draper Startup House), Emman Navalan (Tetrix), Enrico Robles (UnionBank), Mark Gorriceta (GorricetaLaw), Eliezer Rabadon (Ark of Dream), Christopher Star (Green Token), Emerson Fonseca (NEM Ph, Coin Sessions Entertainment), Raymond Babst (DA5), Jiro Reyes (Bitskwela), Maria Katrina De Guzman (FIlipinasNFT), Francis Jimenez (Nekoin), Beau Zabdiel Valoria (BlockChime), and Rosendo Lizarondo III (Surgecast).

1BATAAN. Personalities from the private sector, both from web2 and web3 firms, join officials from the local and national government to showcase their statement of solidarity. 

With their statement of solidarity, the alliance has pledged their commitment to supporting the holistic and ethical growth of emerging industries, including blockchain in the Philippines.

“We are really happy to have your support and we want to show you that the industry is one,” Marasigan concluded.

GLOBAL PERSPECTIVE. The Global Blockchain Summit 2022 is not just between the local private sector and government but also between international partners, investors, and web3 firms. 

BitPinas is one of the media partners of the Global Blockchain Summit 2022.

This article is published on BitPinas: Local Web3 Leaders Answers Gov’t Call with Solidarity Statement

Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.

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Shiela Bertillo

    BitPinas is the leading and most trusted blockchain and cryptocurrency news outlet that covers the Philippine blockchain and crypto scene. We are also writing general and international blockchain topics that are relevant to our audience.