Philippines Issues Guidelines for Local Tech Procurement Amid Blockchain Focus

The Philippine government has issued guidelines for procuring technology, including blockchain and cryptocurrency solutions, that are not available locally. The Department of Technology and Industry (DTI) released the guidelines to ensure a more efficient and transparent procurement process.

The DTI emphasized the importance of considering local availability when purchasing technology. According to the guidelines, government agencies must first check if the required technology is available in the country before resorting to foreign suppliers.

This move aims to support local businesses and reduce reliance on imported solutions. The guidelines also encourage government agencies to collaborate with local developers and tech companies to develop custom-made solutions that meet their needs.