[Op-Ed] Ann Cuisia: Who Is Afraid of the CADENA Act?
Eight months after the Senate acted, the bill that would let Filipinos follow their own money is still waiting in the House
Eight months after the Senate acted, the bill that would let Filipinos follow their own money is still waiting in the House
Qadena Foundation’s Gail Cruz Macapagal highlighted the evolution of what would eventually become The Cadena Act
Civil society groups and web3 organizations launch a petition urging the Philippine House of Representatives to pass the CADENA blockchain budget transparency bill.
Aquino highlighted the public’s demand for transparency amid ongoing economic challenges, particularly the rising costs of fuel.
This filing marks the 13th bill introduced in the House of Representatives during the 20th Congress that seeks to utilize blockchain technology to enhance transparency and accountability in the Philippines’ national budget.
The measure adds to more than a dozen blockchain-related bills filed in the 20th Congress, many of which focus on placing the national budget cycle on an immutable digital ledger.
BayaniChain explains the Digital Bayanihan Chain’s use of NFT standards as a record integrity tool, amid public scrutiny over data sovereignty and vendor lock-in concerns.
DICT officials claim no public funds were used to launch the 2026 blockchain budget platform, but follow-up reports raise urgent concerns over security, hype, and long-term oversight.
The PCCI has backed the DICT’s blockchain-based national budget system, calling it a major step toward fiscal transparency and improved investor perception.
Misusing blockchain for transparency and claiming invulnerability risks both public trust and national security, says technologist Ann Cuisia.