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The Department of Budget and Management (DBM) officially launched its blockchain-based platform, making key budget documents publicly accessible and verifiable via the Polygon blockchain.
Through the website blockchain.dbm.gov.ph, the public can now view immutable versions of the Special Allotment Release Orders (SAROs) and Notices of Cash Allocation (NCAs), two essential government documents that indicate where public funds are allocated and when these funds are released.
The blockchain integration uses the Lumen component of the BYC Blockchain-as-a-Service (BaaS) platform, developed by BayaniChain in partnership with ExakIT Services.
The website officially went live during a launch event held last Wednesday, July 30, at Boncodin Hall in the DBM Central Office. Titled “Launching and Business Go-Live of the DBM Blockchain Application,” the event carried the theme “From Blocks to Assets: Unlocking the Value of Data with Blockchain for DBM” and was conducted with Exakt and BayaniChain.
“Blockchain solves our problem in AI deep fake and prevents bad actors to fake [government] documents… We are using cutting edge technology like AI, blockchain, satellite imaging to enhance how we do public policy and governance.”
Maria Francesca Del Rosario, Undersecretary, Department of Budget and ManagementÂ
“For the first time in Philippine history, a government agency has implemented a blockchain project to publicly track and manage its national budget. This collaboration between the Department of Budget and Management (DBM) and Bayanichain sets a precedent for transparency and accountability in public finance.”
Paul Soliman, CEO, Bayanichain
Soliman added that the initiative is a step toward a more transparent and technology-enabled government which he highlighted as “a proud moment for the nation.”
According to Soliman, it was initially piloted and has already graduated in a sandbox environment. As part of DBM’s Project Marissa, introduced in 2023, the project uses non-fungible tokens (NFTs) to “mint” SARO and NCA documents on-chain, ensuring they cannot be altered or tampered with after issuance.Â
Worth reading: Interview: Blockchain for the Public Sector? Prismo Paves Begins with Project with Budget Department
Soliman also detailed the technical integration process behind the blockchain-based budget transparency platform, aimed at enhancing public access to verifiable government spending records.
The available documents date back to 2024. Users can access the files in two ways: by scanning the QR code on a valid SARO or NCA, or by manually searching using specific details such as the document type, department, agency, and operating unit.
It allows a government agency to commit to spending and enter into contracts, but it does not release actual funds. It authorizes the obligation of funds for specific purposes and serves as the basis for issuing an NCA.
Which department and agency can you check these files:Â
It authorizes the withdrawal of cash from government banks to cover expenses already approved under a SARO. It represents the actual release of funds and is typically issued monthly or quarterly.
Departments:Â
This article is published on BitPinas: Select Philippine Budget Documents Now on the Blockchain
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