Monday, 31 August 2026
Nasdaq -0.35%
Subscribe NowSupport Us

Daily Tribune

Daily Tribune
Subscribe
Monday, 31 August 2026
  • News
  • Opinion
  • Business
  • Life
  • Show
  • Sports
  • Global Goals
  • Obituary
Partner feature

The Philippines' leading digital newspaper.

News
  • Headlines
  • Page three
  • Metro
  • Nation
  • World
  • Dyaryo Tirada
  • SONATOTOO (archive)
Opinion
  • All columnists
  • Editorials
  • Guest essays
  • Letters to the Editor
  • Scuttlebutt
Business
  • Shipping
  • Portraits
  • Pep
  • Business Advisories
  • Technology (Tech Talks)
Life
  • Show
  • Food & Drink
  • Getaways
  • Arts & Culture
  • Social Set
  • Spaces
  • Fashion & Beauty
  • The Edit
  • Top Form
  • Next Gen
  • Sacred Space
  • Project Larawan
  • Snaps
Sports
  • Hoops
  • Volley
  • Golf
  • Goal
  • Boxing
  • Tennis
  • Esports
  • Blast

Company

  • SONATOTOO archive
  • About
  • Contact
  • Advertise
  • Privacy
  • Subscribe
  • Support Us

© 2026 Daily Tribune · tribune.net.ph · Powered by Quintype

METRO

Blockchain budget transparency bill sought

Lisa Marie Apacible·31 August 2026, 10:42 pm·1 MIN READ

Blockchain budget transparency bill sought
Text size

Share

Partner feature

Stay informed

Get Daily Tribune in your inbox

Breaking news, opinion, and business coverage for readers in the Philippines and abroad.

Subscribe to the newsletter

Read next

Gov’t spending accelerates nearly 20 percent in July — BTr

Gov’t spending accelerates nearly 20 percent in July — BTr

What's your take?

Share

Google Preferred Sources

Get more Daily Tribune stories in your search results

Add Daily Tribune as a preferred source on Google Search.

Add to Google

Continue reading

  • Sotto joining Heat?
    Sotto joining Heat?
  • Power pilferer gets away with P130M
    Power pilferer gets away with P130M
  • Diesel prices fall nearly P4
    Diesel prices fall nearly P4
Partner feature
Partner feature
Partner feature

Suggested Articles

Phl clears path for 3.3-GW offshore wind rollout
BUSINESS

Phl clears path for 3.3-GW offshore wind rollout

The Philippines is clearing a key development hurdle for 3.3 gigawatts (GW) of offshore wind capacity targeted to come…

Maria Bernadette Romero·33 minutes ago

NBI: Meta eyes local office in fight vs online threats
METRO

NBI: Meta eyes local office in fight vs online threats

Social media giant Meta plans to establish a physical office in the Philippines to improve coordination with law…

Alvin Murcia·36 minutes ago

DepEd expands parent training combating bullying, exploitation
METRO

DepEd expands parent training combating bullying, exploitation

The Department of Education (DepEd) is expanding parent training programs designed to help families detect and address…

Lisa Marie Apacible·42 minutes ago

Palace vows raps vs pumping stations saboteurs
METRO

Palace vows raps vs pumping stations saboteurs

‘Do not sabotage the President’s projects. Let us work together. We are all Filipinos. Let us all be good Filipinos.’

Raffy Ayeng·59 minutes ago

Group pushes blockchain-based budget system to curb corruption
NATION

Group pushes blockchain-based budget system to curb corruption

A civic group advocating greater transparency in government spending is pushing for the passage of a bill that would…

Lisa Marie Apacible·10 hours ago

    • national budget blockchain Philippines
    • CADENA blockchain budget
    • Citizen Access and Disclosure of Expenditures

    A civic transparency group is urging lawmakers to pass legislation that would place the national budget on a blockchain-based system, arguing that permanent digital records will make it significantly harder to manipulate public funds.

    The Concerned Citizens for Digitized Expenditure and National Audit (CADENA) urged the government to move beyond post-facto corruption investigations and build digital safeguards into budget execution.

    “We are trying to find corruption, but this time we have to take it seriously,” said Dani Belo, lead convener of CADENA. “The best way is to digitalize it, like the blockchain.”

    Under the proposed Citizen Access and Disclosure of Expenditures for National Accountability Act, the government would establish a National Budget Blockchain System covering all stages of the budgeting process.

    Public expenditure records would be published via distributed-ledger technology, making transactions traceable and tamper-proof.

    Nick Malazarte, CADENA co-convener for Visayas, explained that blockchain relies on a shared ledger where records are validated simultaneously across multiple participants, preventing secret alterations to public contracts and procurement documents.

    Belo cited that the open system would create a permanent audit trail visible to independent observers, making kickbacks or unauthorized budget alterations nearly impossible to conceal.

    “Nothing can be hidden here,” Belo said. “This is not a perfect solution, but it’s a big step forward to solve the corruption problem here in the country.”

    The Senate approved the measure with a 17-0 vote in December 2025. The bill currently awaits action in the House of Representatives.

    Also read

    Curiouser and curiouser
    EDITORIAL

    Curiouser and curiouser

    The bill already passed third reading in the Senate. That was seven months ago. It has also cleared committee in the House. It waits on…

    DT·30 August 2026

    Also read

    Group pushes blockchain-based budget system to curb corruption
    NATION

    Group pushes blockchain-based budget system to curb corruption

    A civic group advocating greater transparency in government spending is pushing for the passage of a bill that would put the national…

    Lisa Marie Apacible·10 hours ago