Already, 6.13 percent of the country's population, nearly 7 million Filipinos, own cryptocurrency todate.However, “Government intervention and support have always been critical for the adoption of blockchain technology in any country," he noted.
So far, the Department of Information and Communications Technology is spearheading a Blockchain 101 initiative. The DICT will also conduct focus group discussions for government officials to promote the use of blockchain technology in storing government data.
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