Blockchain Group to Drive Web3 Adoption in the Philippines via Government Partnership

DICT Director Emmy Lou Versoza-Delfin says there has been an increase in the number of innovative blockchain startups in the Philippines , signaling that the country could be a world leader in blockchain.

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The Blockchain Council of the Philippines (BCP), a non-profit organization dedicated to improving the regulatory framework for blockchain technology, has partnered with the Department of Information and Communications Technology (DICT) to drive Web3 adoption in the Philippines.

In an announcement sent to Cointelegraph, Donald Lim, the founding chairman of BCP, said the organization's vision is to drive Web3 adoption in the Philippines. The main goal of BCP is to propel blockchain adoption in the country and make the country a global leader in blockchain technology.

To achieve this goal, BCP will strive to educate and collaborate with local stakeholders within the Philippine blockchain ecosystem. This includes working with government agencies, Web3 developers, civil society organizations and businesses.

PCA Donald Lim with attendees of an event called The Launch Mixer. Source: BCP

The BCP has also partnered with the DICT, which is responsible for developing and promoting the country's information and communication technology agenda.< /p>

DICT Director Emmy Lou Versoza-Delfin said the nation is no stranger to blockchain. The executive explained:

"We have seen the rise of innovative blockchain in startups, the success of blockchain-based business solutions, and the birth of the initiative that makes blockchain a public good."

The government official also noted that this development means the country is ready for blockchain adoption and is “on track to be a leader in blockchain education, and will certainly be a world leader in blockchain industry".

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