THE rise of digital currencies and innovative public systems will shape the future of governance, social services and economic development in the Philippines. This was highlighted by experts during a breakout session at the 10th Annual Public Policy Conference (APPC), hosted by the Philippine Institute for Development Studies. Speakers from the 10th Annual Public Policy Conference emphasize the use of innovative technology for digital currency. CONTRIBUTED PHOTO The session on "Harnessing data, digital currencies and innovation in public systems" delved into emerging technologies and trends that are enhancing public sector efficiency and citizen participation. Siddharth Shetty, chief technology officer at Sahamati, shared successful initiatives that have inspired India to explore the next frontier in financial technology with the "Finternet"— a visionary system that grants individuals full control over their financial assets across various sectors. Shetty emphasized that while the underlying technology of the Finternet is open and universal, governance frameworks must be robust and adaptable to the specific flows of money and assets. Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and […]
Financial instruments needed to support digital transformation
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