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The authorities of the Philippine province of Bataan have signed a Memorandum of Understanding (MOU) with nChain to create a blockchain platform that will be used to provide public services to the population.
Bataan Governor Joet Garciasaid the memorandum was in line with the Ease of Doing Business and Efficient Public Service Delivery Act of 2018. Blockchain technology will help the government optimize its existing systems and procedures, increasing the efficiency of government operations, Garcia said.
He added that the partnership with nChain will bringof great benefit to local citizens by providing them with quick and secure access to public services online. The Governor emphasized that the blockchain will increase the transparency of operations, ensure the reliable storage of information and its protection from unauthorized access. The implementation of this project will begin in the coming months.
“We are confident that this strategic alliance will open up many innovative opportunities in the future,” said Garcia.
nChain Chairman Stefan MatthewsMatthews) noted that the company seeks to cooperate with different countries for the digital transformation of their economies. By entering into an agreement with the authorities of Bataan to provide a blockchain-based solution, nChain will help improve the quality of delivery of state and municipal services to the local population.
It should be noted that the blockchain began to be used foroptimization of government operations a few years ago. In 2020, Anhui province in China began implementing the technology to collect and share government data more quickly, and last year, California lawmakers began to explore the use of blockchain in employment and social security.