DPWH Commissions Digital Ledger to Track Foreign-Funded Projects - BusinessWorld Online
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DPWH commissions digital ledger to track foreign-funded projects - BusinessWorld Online
THE Department of Public Works and Highways (DPWH) said it tapped Blockchain Council of the Philippines (BCP) to develop a blockchain digital ledger that will track foreign-assisted infrastructure projects. “By placing our foreign-assisted projects — those funded by Official Development Assistance (ODA) — on the Integrity Chain, we welcome the scrutiny of the private sector, academe, and civil society. This is DPWH’s strong response to the Pres…
DPWH, BCP ink ties for use of blockchain technology for infra projects
MANILA, Philippines — Amid the fiasco on flood control projects, the Department of Public Works and Highways (DPWH) and Blockchain Council of the Philippines (BCP) have inked a partnership to use blockchain technology to ensure transparency and accountability in national infrastructure projects. In a signing of memorandum of agreement (MOA) on Tuesday, the DPWH and BCP committed to launch Integrity Chain, a blockchain-powered platform which aims…
DPWH taps blockchain tech for transparency amid flood control mess
The Department of Public Works and Highways (DPWH) will adopt blockchain technology to promote transparency after drawing the public's ire over multibillion-peso corruption issues.In photo: DPWH Secretary Vince DizonBlockchain to curb DPWH corruption?Photo from DPWHThe agency on Tuesday said it has teamed up with the Blockchain Council of the Philippines (BCP) to ensure transparency and accountability, as well as build public trust in rolling ou…
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