Haciyev Reşit 
At the Manila Technology Summit, Senator Bam Aquino announced the idea of moving the entire national budget onto blockchain. Aquino emphasized that this step could make the Philippines the first country in the world to achieve such a milestone:
“We could be the first country to publish our budget on blockchain. Every citizen would be able to track every peso spent by the government.”
Aquino also noted that political support would be necessary to realize this vision.
Blockchain Already in Use
Blockchain is already being tested for budget management in the Philippines.
The Department of Budget and Management (DBM) is publishing documents such as SARO (Special Allotment Release Orders) and NCA (Notice of Cash Allocation) on the Polygon network.
Paul Soliman, co-founder of BayaniChain, which developed this system, highlighted:
“This vision aligns with ours. Blockchain offers a more transparent and accountable future for the Philippines.”
Global Trend: Governments Turning to Blockchain
The Philippines’ initiative is part of a growing global trend. U.S. Commerce Secretary Howard Lutnick announced that, in line with crypto-friendly policies, the Trump administration would start publishing GDP data on-chain. These developments show that blockchain is increasingly being used not only for crypto markets but also for public transparency and accountability.
Could the Philippines Make History?
Aquino’s proposal is still at the conceptual stage. If implemented, the Philippines would become the first country to fully move its budget to blockchain, allowing citizens to track public fund spending in real time. Blockchain could fundamentally transform government transparency and accountability.
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