MANILA, Philippines — The Senate on Monday passed the Citizen Access and Disclosure of Expenditures for National Accountability (Cadena) Act, allowing budget documents to be put in a blockchain that will ensure greater transparency in government spending. The Cadena Act, through Senate Bill No. 1506, was approved 17-0-0 in third and final reading. This act will enact the establishment of a National Budget Blockchain System which will record and monitor all stages of the national budget process. All records of the national budget, including project allocations, disbursements, and procurement transactions, will then be registered in the blockchain as Digital Public […]... Keep on reading: Senate OKs bill allowing tamper-proof blockchain for budget records