Philippine Senator Bam Aquino has proposed using blockchain technology to record the national budget, allowing citizens to track government expenditures. Announced at the Manila Tech Summit, the proposal aims to leverage the existing blockchain platform of the Philippines Budget Management Department, which is the first of its kind in Asia. This platform, currently utilizing the Polygon network, already records some financial documents, enhancing transparency and accountability. BayaniChain, a local blockchain company, emphasized that while blockchain is not a cure-all for corruption, it provides immutable records that can improve government accountability. The proposal has yet to be formally submitted, but it highlights the potential of blockchain to transform public financial management in the Philippines.