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Philippines partners with Venom to advance digital transformation

2024-08-01 13:34
Odaily News The Layer 1 blockchain Venom Foundation has reached a historic agreement with the Republic of the Philippines to use its blockchain technology to help the Philippine government digitize billions of forms. This move is expected to revolutionize the way governments and large institutions handle data, transactions, and record keeping, setting new standards for transparency and efficiency. Use Venom technology to digitize approximately 10 billion traceable forms, including but not limited to invoices or receipts, cash tickets, document stamps, and special bank receipts, and individually identify, account for, and provide appropriate security protection. (Decrypt)