DICT Backs Blockchain Budget Bill for Transparency

The Department of Information and Communications Technology (DICT), led by Secretary Henry Aguda, has endorsed the Blockchain the Budget Bill (SBN 1330) to promote transparency and accountability in government spending. The proposed law seeks to use blockchain technology to record and track every peso of the national budget—from project bidding to fund disbursement—in a tamper-proof, publicly accessible ledger. By enabling real-time tracking of transactions, the initiative aims to prevent corruption, improve efficiency, and restore public trust in how taxpayer money is managed across government agencies.