The Philippines is exploring the use of blockchain technology to enhance transparency in its national budget management. Senate Bill 1330, introduced by Senator Paolo Benigno Aquino IV, proposes a pilot program to record parts of the budget on a blockchain, with an initial funding of approximately $8.6 million. The initiative aims to improve public auditability of government spending. However, legal experts have raised concerns about potential issues such as centralization, vendor lock-in, and privacy risks. They emphasize the need for open-source standards and government ownership to ensure the project's success. Experts like Florin Hilbay and Russell Geronimo caution that blockchain technology should not replace traditional institutional oversight and procurement controls.