
The Philippines has recently announced a significant move in the world of blockchain technology. The country’s government has officially launched a blockchain-based system to verify official documents on the Polygon network as part of a broader initiative to modernize public services and enhance trust in state-issued records.
According to local media reports, the Department of Budget and Management (DBM) introduced this platform on July 30, enabling users to confirm the authenticity of crucial government documents like Special Allotment Release Orders and Notices of Cash Allocation by referencing cryptographic hashes stored on the Polygon blockchain. These hash codes serve as tamper-proof identifiers, allowing for real-time validation without exposing confidential information.
It’s important to note that this rollout comes amid growing concern over the misuse of artificial intelligence in document forgery. Officials emphasize that this system is designed to address these challenges while enhancing accountability in how public funds are allocated. “This initiative is part of our broader commitment to integrating secure, emerging technologies into governance,” DBM Undersecretary Maria Francesca Montes Del Rosario said during the launch event.
The government partnered with Bayanichain, a local blockchain firm, to develop and deploy this infrastructure.
Source: cryptoslate.com