Blockchain technology can be a great disruptor towards good governance and address the current challenges.
Mench Dizon, country head of Yield Guild Games (YGG) Pilipinas, told BusinessMirror in an e-mail interview that blockchain technologies can be leveraged to solve some of the Philippines’ most pressing challenges.
‘Especially because blockchains have many use cases: from storing government records, to enabling faster and cheaper remittances for OFWs, to revolutionizing entertainment industries like video games,’ Dizon said.
Further, Sen. Paolo Benigno ‘Bam’ Aquino IV recently filed a significant measure related to blockchain technology called Senate Bill 1330, also known as the ‘Philippine National Budget Blockchain Act’ or the ‘Blockchain the Budget Bill.’
The primary goal of the bill is to enhance transparency, accountability and public participation in the country’s budget process by utilizing blockchain technology.
Key provisions and objectives of the bill include establishment of a National Budget Blockchain System, Real-Time Transparency and Traceability and Public Access. The bill aims to modernize the traditionally opaque budget process and empower citizens by making budget information easier to understand and scrutinize.
Meanwhile, Dizon is bullish on the growing public awareness of blockchain, which will propel its adoption into ‘higher gear.’ She notes: ‘It is fantastic to see more conversation about the way that blockchain technologies can be leveraged to solve some of the Philippines’ most pressing challenges.’
She envisions a broad spectrum of use cases beyond gaming, from secure government records and facilitating faster, cheaper remittances for Overseas Filipino Workers (OFWs), to revolutionizing entertainment industries. Each application, she points out, ‘represents an opportunity to improve the lives of millions of Filipinos.’
Dizon said YGG will serve as a beacon of optimism for the future of blockchain and Web3, particularly in the Philippines. The organization, which pioneered the decentralized autonomous organization (DAO) for gaming, sees the technology not just as a source of entertainment but as a powerful engine for inclusive economic growth and societal change.
For YGG Pilipinas, Dizon said gaming remains the primary vehicle for this massive growth. She said Filipinos view it as the most fun and engaging way to educate Filipinos about blockchain, simultaneously teaching them high-demand digital skills that lead to lucrative, sustainable careers.
‘By doing this, we can create millions of jobs, uplift communities, and drive inclusive economic growth,’ Dizon states, underscoring the organization’s focus on empowering what they call Metaverse Filipino Workers (MFWs).
Dizon said the widespread acceptance of Web3 in the Philippines is a testament to this strategy. What began with the ‘play-to-earn’ boom has evolved into a recognition of MFWs as highly talented professionals. This shift has facilitated a new wave of opportunities, as Dizon observes: ‘We’ve seen former OFWs return home and find new income streams online, students turn their love for gaming into a career.. Their stories of resilience and success show that the future of work is right here in the Philippines.’
Dizon said YGG is bullish on the forthcoming annual YGG Play Summit, scheduled from November 18 to 22, 2025.
With features like the Skill District-an educational hub powered by YGG Pilipinas’ Metaversity-and The Arena for esports tournaments, the summit is more than a gathering; it’s a living blueprint for the future.
‘We wanted to make sure that there’s something for everyone-no matter where they are on their Web3 journey,’ said Dizon.