Philippines aims to become a blockchain hub with Web3 initiative.
The Blockchain Council of the Philippines — a nonprofit organization dedicated to improving the regulatory framework for blockchain technology — has partnered with the Department of Information and Communications Technology to foster Web3 adoption in the Philippines.
To achieve this goal, BCP will be working to educate and collaborate with local stakeholders within the Philippine blockchain ecosystem. This includes working with government bodies, Web3 developers, civil society organizations and businesses.The BCP also established a partnership with the DICT, which is responsible for developing and promoting the country’s information and communications technology agenda.
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