PHL blockchain adoption seen shifting from pilots to practical business use

bworldonline.com Jun 17, 2026

PHL blockchain adoption seen shifting from pilots to practical business use

Curated by Shubham · TechCapsules · Jun 17, 2026

AI-summarised brief · reviewed before publication

Philippine enterprises are expected to shift from blockchain experimentation to practical business applications over the next three to five years. Micro, small, and medium enterprises may use the technology to improve access to financing and streamline operations. According to Philippine Blockchain Week President Janelle Barretto, wider adoption will be supported by early implementation among bigger enterprises. Blockchain can create transparent records, facilitating access to financing and faster cross-border payments. Several providers are offering blockchain-as-a-service platforms to support adoption, with cost being a consideration for smaller businesses with limited resources, and bigger companies exploring its use in various processes.

💡 Why It Matters

· Blockchain adoption can level the playing field for small businesses by providing them with reliable financial records to secure loans.
· It can also facilitate faster cross-border payments, alleviating cash flow strain on smaller businesses.

Blockchain Capsules

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