The Blockchain Council of the Philippines (BCP) intends to pilot a landmark project that will place the Department of Public Works and Highways’ (DPWH) national budget on the blockchain, according to a report by the Philippine Star.

BCP president Donald Patrick Lim shared in the report that the initiative aims to show how blockchain technology can strengthen transparency and accountability in government spending, even in the midst of discussions still underway on its broader adoption.

Speaking at the Kapihan sa Manila Bay forum, Lim said BCP hopes to roll out the pilot within the year. He added,

“It’s privately funded. The private sector is the one funding it. The council is the one working with all the stakeholders to execute it. This is at no cost to the government.”

The BCP, which reportedly represents more than 20 private sector organisations, signed an agreement last month with DPWH to launch the Integrity Chain. This digital platform will track and secure every peso and milestone in select national infrastructure projects.

Under the memorandum of agreement signed on 30 September 2025 by DPWH Secretary Vince Dizon and Lim, data on the department’s budget, procurement, contracts, and project implementation will be uploaded to an immutable ledger, which is accessible to the public.

The Philippines blockchain budget pilot will focus on foreign-assisted projects funded by the Korean Eximbank, Japan International Cooperation Agency, the World Bank and Asian Development Bank, under DPWH’s Unified Project Management Office clusters.

BCP will furnish DPWH with a one-year complimentary subscription to the Integrity Chain platform, which includes technical support, training, and cybersecurity measures.

The initiative has received support from over 50 institutions, including business chambers, universities and faith-based organisations.

Information and Communications Technology Secretary Henry Aguda, who attended the signing, described the collaboration as “a new way of governance”, one the Philippines urgently needs.

With memories of flood control scams and ghost projects still lingering, the DPWH is turning to the Integrity Chain to demonstrate that infrastructure spending can be open, traceable, and built on trust.

Featured image: Edited by Fintech News Philippines, based on images by osikugamen on Freepik and Department of Public Works and Highways