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DBM rolls out blockchain for budget release system

MANILA, Philippines — The Department of Budget and Management (DBM) adopted blockchain technology in its budget release system, marking one of the first large-scale government implementations of its kind in Asia. In partnership with BayaniChain and ExakIT Services, the DBM this quarter launched a platform that logs Special Allotment Release Orders and Notices of Cash Allocation

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Trump says US government will ‘probably’ shut down

WASHINGTON, United States — President Donald Trump said Tuesday the US government would probably see its first shutdown in more than six years, with funding expiring at midnight and no breakthrough in sight in acrimonious negotiations between Democrats and Republicans. “We’ll probably have a shutdown,” Trump told reporters in the Oval Office just hours before the