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More than a month since the last one, the House of Representatives has received its 13th blockchain-related measure for the 20th Congress.
House Bill 5943, filed on November 12 by Galing sa Puso (GP) Partylist Rep. Jan “Atty. JP” Padiernos, seeks to establish a National Budget Transparency and Accountability System that will operate using blockchain technology.Â
The proposal aims to enhance public access to government spending data and strengthen safeguards against misuse of funds.
Currently, the bill is awaiting its first reading in the House of Representatives.
In addition to the blockchain bill, Padiernos also filed a series of national measures in the 20th Congress centered on education reform, agricultural development, public welfare, and consumer protection.
His bills aim to improve teachers’ benefits, exempt electricity bills from VAT, expand support for agricultural cooperatives, widen access to tertiary education for low-income and farming communities, strengthen assistance for local farmers through tariff reforms, and establish a government body to stabilize food prices.
Check out all the previous bills filed:
To read filed copies of the bills, visit: List of Blockchain and Bitcoin Bills Filed in the Philippines
This article is published on BitPinas: House Receives 13th Blockchain Bill as GP Party list Rep. Pushes Budget Transparency Measure
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