DICT EX-OFFICIAL DEBUNKS BLOCKCHAIN HYPE Former DICT Undersecretary Jeffrey Ian Dy warned against claims that blockchain can curb corruption, saying the technology can only ensure accountability for digital documents and not monitor non-digital actions such as private negotiations or decision-making processes in government procurement. While acknowledging blockchain’s value in establishing document provenance, Dy stressed that portraying it as “hack-proof” or as a blanket solution to corruption
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