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Reading: Survey shows public support for blockchain-based budget bill
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Blockchain Technology

Survey shows public support for blockchain-based budget bill

Last updated: September 11, 2025 8:35 am
Published: 8 months ago
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A recent survey by app-based research firm Tangere indicates growing public interest in blockchain technology and its potential role in government transparency.

The study found that 55% of Filipinos are familiar with blockchain, with 73% of those expressing confidence in its security. Awareness of the proposed “Blockchain the Budget” bill filed by Sen. Bam Aquino reached 89%, and among those aware, 85% said they support its passage. Meanwhile, 83% believe blockchain can help address corruption in the country.

When asked about the features they would like to see if the national budget were placed on blockchain, six to seven out of ten respondents pointed to transparency tools such as total allocation, actual expenses, and remaining budget.

The non-commissioned survey was conducted on September 4-5, 2025 in partnership with Bayanichain, a blockchain infrastructure company developing digital systems for enterprises, governments, and communities.

It gathered responses from 1,400 participants nationwide through a mobile application, with a margin of error of plus or minus 2.57% at a 95% confidence level. Respondents came from Northern and Central Luzon (23%), NCR (12%), Southern Luzon and Bicol (22%), Visayas (20%), and Mindanao (23%).

“The survey highlights the awareness and trust of Filipinos in blockchain technology as a tool for transparency and accountability. The support for the Blockchain Budget Bill shows readiness to embrace innovation that can help ensure every peso is accounted for,” said Paul Soliman, co-founder and CEO of Bayanichain.

Read more on Newsbytes.PH

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