Aquino Presses House to Advance CADENA Act on Blockchain-Based Spending Disclosure
Aquino urges House to move blockchain spending transparency bill Philippine Senator Bam Aquino is pressing the House of Representatives to pass the CADENA Act, a Senate-approved bill that would require government agencies to publish procurement, budget allocation and disbursement records on an unalterable public blockchain. Aquino said the measure would give citizens real-time visibility into state spending and help curb corruption, but it remains stalled in a House committee despite being on LEDAC’s priority list.