Venom Blockchain Aids Philippine Government in Digital Transformation
Publication Time:2024-08-01 21:41:05
Exclusive report from Golden Finance: The Venom Foundation, a Layer 1 blockchain, has signed a cooperation agreement with the Republic of the Philippines. The aim is to leverage blockchain technology to drive digital progress at the government level. By converting a large number of paper forms into digital formats, including but not limited to invoices, receipts, cash tickets, document stamp duties, and special bank receipts, the Venom technology will achieve the identification, recording, and provision of corresponding levels of security for nearly 1 billion documents. This innovative move not only helps to enhance the transparency and efficiency of government operations, but also serves as a model for future digital reforms in other industries and countries.
Transparency
Venom Blockchain
Philippine Government
Digital Transformation
Efficiency Enhancement