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Philippine Blockchain Budget Bill Risks Centralization and Privatization, Lawyers Warn

Lawmakers are mulling plans to put the Philippines’ budget on-chain to curb corruption, but lawyers warn of centralization and privacy risks.

Philippine lawmakers are considering Senate Bill 1330, a legislative piece that would mandate blockchain-based solutions to be implemented for the country’s national budget.
Efforts to establish an on-chain, immutable record for the country’s budget … [3385 chars]

Source: Decrypt | Published: 2025-10-16T15:01:03Z

Credit: Decrypt

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