House Discusses to Consolidate 30 Blockchain and Budget Transparency Bills
DICT Undersecretary David Almirol Jr. provided technical clarity on how a blockchain-based government budget would actually function.
DICT Undersecretary David Almirol Jr. provided technical clarity on how a blockchain-based government budget would actually function.
The House Book app will feature real-time roll call monitoring, digital vote tracking, and paperless document handling as Congress prepares for a blockchain-based transparency push.
Occidental Mindoro Rep. Leody Tarriela filed a bill that would create a blockchain-based national budget system and governance board.
Caloocan Rep. Edgar Erice filed House Bill 4792 to promote crypto adoption, aiming to lower OFW remittance costs, protect Filipinos from scams, and boost digital asset use nationwide.
Lanao del Sur Rep. Zia Alonto Adiong filed House Bill 5041, seeking a blockchain-based national budget system to enhance transparency, accountability, and citizen oversight.
Weigh in on what is the better policy for foreign crypto exchanges; ban them or tax them instead?
Filipino representative wants the government to look at taxing overseas crypto exchanges.
The bill also mandates transparency and disclosure of all fees and charges.
Secretary General of the House of Representatives, Reginald Velasco issued a statement regarding the incident.
Salcedo gave a possible economic solution which can be a mix of policy and program intervention. He suggested that the government needs to encourage the “Big 4” in service Dollar earners.