The Blockchain Council of the Philippines (BCP), a nonprofit organization focused on improving the regulatory framework for blockchain technology, has partnered with the Department of Information and Communications Technology (DICT). The goal of the partnership is to boost the adoption of Web3 in the Philippines and establish the country as a global leader in blockchain technology.
BCP will collaborate with local stakeholders, including government bodies, Web3 developers, civil society organizations, and businesses, to educate them about blockchain technology. Moreover, BCP has also secured a partnership with DICT, which is responsible for the development and promotion of the country’s information and communications technology agenda.
DICT Director Emmy Lou Versoza-Delfin has observed an increase in innovative blockchain startups in the country. This trend, combined with the success of blockchain-based business solutions and blockchain initiatives for public good, indicates that the Philippines is ready for wider blockchain adoption and poised to become a leader in the global blockchain industry.
