Philippines partners with Venom to advance digital transformation
Layer 1 Blockchain Venom Foundation has reached an 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 completely change the way governments and large institutions handle data, transactions, and record-keeping, and set new standards for transparency and efficiency. Using Venom technology to digitize approximately 10 billion traceable forms, including but not limited to invoices or receipts, cash tickets, document stamp taxes, and special bank receipts, and individually identify, record, and provide appropriate security protection.
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