Topic: [NEW]DTI and DICT signs deal with US-based firm for promotion of Blockchain tech (Read 153 times)

Quick take:
• MONSOON Blockchain Storage, Inc. has partnered with two government agencies to provide support and consultancy services on how to leverage blockchain technology in various areas of operations.
• The company will conduct a needs assessment, and recommend an actionable proposal on how DTI can utilize effectively the blockchain technology on its programs and projects.
• Monsoon CEO and co-founder Donald Basile said the company decided to enter the Philippines because of the government’s willingness to adopt the technology.
• He noted integrating blockchain in major government projects such as the national ID system can lead to the technology’s integration in government projects and programs.

Source: https://www.bworldonline.com/dti-dict-tap-blockchain-firm/

Kung ma-uutilize talaga ng maayos ang paggamit ng Blockchain technology dito sa bansa maari itong mas mapalago ang ating ekonomiya at higit sa lahat mas marami ang ma-eenganyo na mag invest sa ating bansa at magtayo ng negosyo dito.

Sample use cases of Blockchain technology:
• Payment processing and money transfers - If you know Bitcoin and use them, then you are already using Blockchain tech.
• Monitor Supply Chains - Discrepancy in your inventory/supply chains, worry no more. With the attribute of Blockchain as immutable, you don't have to worry of having someone modifying your data. Not to mention it could eliminate the use of papers, also it works realtime.
• Retail Loyalty Rewards Programs - Loyalcoin has been launched already in the Philippines but what if one day a nationwide loyalty reward with Blockchain as its core technology will be announced by DICT. Isn't that exciting?
• Digital ID's - There's a high probability that the government will utilize Blockchain tech for the National ID. I have a strong feeling about this one, it might not be fully utilized but there might be a certain module of the National ID System which will use Blockchain.
• Digital voting - Goodbye Smartmatic ? Just recently there's a news that a new voting system will be announce by the DICT. There's no doubt that Blockchain is very useful in this scenario but there's no clear depiction yet whether we will be using Blockchain for our voting system.