• About Us
  • Careers
  • Contact
No Result
View All Result
Friday, August 1, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News Blockchain

Philippines Launches Blockchain Notarization on Polygon Amid Network Outage

31 July 2025
in Blockchain, News
Reading Time: 3 mins read
108 1
Polygon Partners with SK Telecom to Accelerate Web3 Adoption

source: blockchair.com

The Philippine government has officially rolled out a blockchain-powered document notarization system on the Polygon network — coincidentally on the same day the blockchain experienced a temporary service disruption.

Maria Francesca Montes Del Rosario, Undersecretary at the Department of Budget and Management (DBM), confirmed the launch in a Facebook post on Wednesday, stating that the government’s transparency initiative using blockchain is now live. The announcement was also covered in a Thursday report by local media outlet BitPinas.

Source: Facebook

At the launch event, Del Rosario highlighted that the integration of blockchain technology into public governance aims to combat document forgery, especially in the era of AI-generated deepfakes.

“We are using cutting-edge technology like AI, blockchain, and satellite imaging to enhance how we do public policy and governance,”

she said.

Bayanichain, the tech firm behind the infrastructure, will power the system, which is designed to notarize and track government budget documents such as the Special Allotment Release Order (SARO) and Notice of Cash Allocation (NCA).

Paul Soliman, CEO of Bayanichain, noted that the partnership with DBM marks a major step toward boosting fiscal transparency.

“This collaboration between the DBM and Bayanichain sets a precedent for transparency and accountability in public finance,”

he said.

Although specific technical details were not revealed, the system reportedly records cryptographic representations — known as hashes — of official documents onto the Polygon blockchain. These hashes serve as tamper-proof fingerprints of the original files, allowing the public to verify their authenticity without exposing sensitive content.

The government’s blockchain validation website  allows users to scan QR codes or input document codes to confirm the legitimacy of released budget documents. Once verified, users can see key document details anchored on the immutable ledger.

The launch comes as Polygon briefly suffered an outage, prompting mixed reactions within the crypto community. In April, the Securities and Exchange Commission (SEC) of the Philippines officially launched its Strategic Sandbox (StratBox) program for Crypto-Asset Service Providers (CASPs). 

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Tags: PhilippinesPolygon
Share64Tweet40Share11
Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

Related Posts

SOURCE:  coinstats.com
Blockchain

Algorand Unveils 2025+ Roadmap to Empower Users and Enter $18.9 Trillion Tokenization Market

1 August 2025
source: bloomberg.com
News

Ex-OpenSea Manager Nate Chastain Cleared on NFT Insider Trading Appeal After Initial Conviction

1 August 2025
source: moneytimes.com.br
Business

OSL Launches StableX, Tokenworks, and BizPay for Regulated Stablecoin and Tokenization

1 August 2025
source: btc-echo.de
News

Michael Saylor Renews Call for Clear US Crypto Taxonomy Amid Regulatory Confusion

1 August 2025

Featured Posts

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

Web3 in 2025: Where We Are, What’s Next, and What the Data Says

byOlayinka Sodiq
21 July 2025
0

Which Pays Better Right Now: DeFi’s High-Yield Pairs or Traditional Finance’s Cash Vehicles?

Which Pays Better Right Now: DeFi’s High-Yield Pairs or Traditional Finance’s Cash Vehicles?

byOlayinka Sodiq
6 July 2025
0

The Future of Crypto Could Be Institutional—And That’s Not a Bad Thing

The Future of Crypto Could Be Institutional—And That’s Not a Bad Thing

byOlajumoke Oyaleke
30 June 2025
0

What Is a Rebase Token and How Does It Work?

What Is a Rebase Token and How Does It Work?

byOlajumoke Oyaleke
28 June 2025
0

Smart Contracts on Ethereum, Solana, vs. Other Blockchains

Smart Contracts on Ethereum, Solana, vs. Other Blockchains

byOlajumoke Oyaleke
26 June 2025
0

Read More

Chain of Thoughts

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

DAOs and the Coordination of Human Endeavour

DAOs and The Coordination of Human Endeavour

byOlu Omoyele
27 April 2025
0

...

Markets Update

Meta’s $72 Billion AI Investment: A Strategic Shift from the Metaverse to Artificial Intelligence

21 hours ago

Is Web3 Finally Solving Its Risk Problem? A Market Review of DeFi Insurance Models

2 days ago

How Coinshift Is Progressing the Stablecoin Space

2 days ago

Virtual Land Markets in 2025: Price Trends & Utility Breakdown

2 days ago

Your Weekend Crypto Roundup | July 2025 (Week 4)

7 days ago

Your Weekend Crypto Roundup | July 2025 (Week 3)

2 weeks ago
Read More

Events

Rare Evo 2025
Rare Evo 2025
6 Aug 25
Las Vegas
CBDC Conference
CBDC Conference
9 Sep 25
Nassau

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Hamieverse Taps Abstract to Power Its Debut Blockchain Game and Purpose-Driven Ecosystem

bychainwire
1 August 2025
0

Pepe Dollar ($PEPD) Presale Picks Up Pace as Ethereum (ETH) Hovers Over $3,600

bychainwire
1 August 2025
0

Meme Coin ‘$SATOSHI’ Heralding the Return of Satoshi Nakamoto’s Vision Launches First Presale

bychainwire
1 August 2025
0

10 Years of Ethereum : ETH Meme Coin Pepeto Ends Stage 6 With $5.770.000 Raised In Presale

bychainwire
31 July 2025
0

PowerBank and Intellistake Announce Strategic Alliance to Pioneer Digital Currencies, including Bitcoin Treasury Integration and RWA Tokenization

bychainwire
31 July 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverses
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00