Several lawmakers in the Philippines have filed bills proposing the creation of a National Budget Blockchain System to make government spending records immutable and publicly accessible.

The move has received strong backing from the country’s association of digital and financial technology companies, the FinTech Alliance.PH.

On September 9, 2025, Representative Brian Poe Llamanzares filed House Bill 4489. The bill mandates that the government record all national budget allocations and expenditures on a blockchain platform.

The FinTech Alliance.PH has expressed its support for the measure, stating that the technology will significantly improve transparency and accountability.

“This is a bold step towards embedding transparency and trust at the very heart of governance,” said Lito Villanueva, Founding Chairman of FinTech Alliance.PH.

He explained that the proposal is about “giving the people the power to hold government to account — in real time.”

If passed, the law would require all budget entries, procurement processes, and disbursements to be logged on a tamper-proof blockchain ledger. This would provide citizens, policymakers, and watchdog groups with instant, real-time access to updates on government projects and spending.

The Alliance noted that the measure aligns with the current administration’s goal of a more transparent and digitally empowered government. The proposal from Rep. Poe is one of several similar measures currently under consideration.

In the House of Representatives, Rep. Angelo Barba and Rep. Javier Miguel Benitez have filed related bills, while Senator Paolo Benigno Aquino IV has introduced a counterpart measure in the Senate.

All four bills remain pending in their respective chambers.

Featured image by Who is Danny via Freepik.