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NewChain.io to Deploy Smart Contract Supporting NationalBlockchain.ph — Enabling Full Transparency of the Philippine National Budget
Manila, Philippines — October 2025
Manila, Philippines — October 2025
In a landmark move positioning the Philippines as a global pioneer in blockchain governance, NewChain.io announced the deployment of a Smart Contract to power NationalBlockchain.ph, the nation’s flagship transparency platform designed to monitor and verify the Philippine National Budget in real time.
The initiative represents a historic milestone in digital governance, establishing a secure, tamper-proof system to combat corruption, improve fiscal accountability, and strengthen citizen trust. Through NewChain’s multi-layer blockchain architecture — integrating Proof of Work (PoW), Proof of Transactions (PoT), and Proof of Stake (PoS) — the platform ensures every peso allocated, transferred, or disbursed by any government agency is transparently recorded, verifiable, and immutable.
NewChain.io will officially launch on November 17, 2025, introducing the NCX Token Mining Program, where citizens can participate as validator nodes, secure the network, and earn NCX rewards. The mined NCX tokens will serve as the foundation of all smart contract activity within the ecosystem — enabling decentralized validation, cross-agency transparency, and automated compliance across public systems.
In partnership with NationalBlockchain.ph, NCX will power a Smart Contract deployment that mints a National Token, representing the Philippine budget allocations, disbursements, and expenditures in real time. This initiative marks the first national-level blockchain implementation for public financial tracking, setting a new global benchmark for digital democracy and transparent governance.
NewChain.io operates under a dual legal framework to ensure both regulatory compliance and decentralized governance. It is registered in the United States (Wyoming) as a Decentralized Autonomous Organization (DAO) — ensuring transparent, algorithmic governance through smart contracts — and simultaneously registered in the Philippines as Cloudchain Technologies Corporation, a Securities and Exchange Commission (SEC)-registered entity serving as the platform’s technical and development backbone in Asia.
This hybrid structure allows NewChain to align with international DAO standards while maintaining local regulatory oversight and operational legitimacy under Philippine law, bridging global blockchain innovation with national trust and accountability.
The project has attracted strong attention from major international outlets such as CoinDesk, Bloomberg Blockchain Asia, Reuters Digital Governance Review, and Forbes Tech Council, which have cited NewChain as a “transformational model for blockchain-enabled public transparency.” Analysts from The Economist Intelligence Unit have also recognized the Philippines as potentially “the first nation to implement a blockchain-based budget transparency system at a national scale.”
According to the NewChain Governance Council, this deployment is more than a technology rollout — it is a new social contract between government and citizens. By integrating AI-driven analytics, citizen participation, and smart contract-based automation, the platform enables real-time auditing, fraud detection, and budget traceability.
“This is not just a blockchain — it’s a public trust infrastructure,” said the NewChain Governance Council. “Every Filipino becomes a validator of truth. Every transaction becomes a declaration of integrity.”
NewChain.io has initiated early dialogues with partners in ASEAN, the Middle East, and Latin America to replicate its architecture for national transparency, real-estate tokenization, and government modernization initiatives. The system’s Layer 0/1/2 design enables scalability across public institutions, private enterprises, and civic platforms, allowing for universal adoption in areas such as education credentialing, social welfare, and infrastructure monitoring.
NewChain.io is a Wyoming-registered DAO blockchain, designed to promote transparency, accountability, and decentralized governance. Its local technical operations and development arm, Cloudchain Technologies Corporation, is registered with the Philippine Securities and Exchange Commission (SEC), ensuring full compliance with local and international digital asset frameworks.
Together, these entities form a unified ecosystem that empowers citizens, institutions, and governments to collaborate through trustless smart contracts, AI governance tools, and transparent economic models — redefining how digital trust and accountability are built for nations.
Learn more at www.NewChain.io and follow the national transparency initiative at www.NationalBlockchain.ph.
