Business

DICT inks deal with US blockchain firm for ease of doing business

DICT inks deal with US blockchain firm for ease of doing business

MANILA — The Department of Information and Communications Technology (DICT) has partnered with United States-based firm Monsoon to use blockchain technology in the ease of doing business and strengthening cybersecurity efforts in the country.

MANILA — The Department of Information and Communications Technology (DICT) has partnered with United States-based firm Monsoon to use blockchain technology in the ease of doing business and strengthening cybersecurity efforts in the country.

Mislatel can start getting new subscribers this year – DICT

DICT Acting Secretary Eliseo Rio Jr. signed on Wednesday a Memorandum of Agreement (MOA) with Monsoon Chief Executive Officer Donald Basile for a collaboration on using the technology for the government’s national ICT development agenda.

DICT hands off: 11 common tower firms waiting to serve Globe, Smart, Mislatel

“This partnership will directly benefit our continuous effort to address the country’s issues on ease of doing business and cybersecurity,” Rio said.

Singaporean firm to pump in $2B for fiber optic backbone of DICT’s free wi-fi

Blockchain refers to a set of digital records or ledgers of transactions that are processed through a network of computers, which cannot be altered or tampered.

DICT hands off: 11 common tower firms waiting to serve Globe, Smart, Mislatel

The technology enables data storage for various sectors such as banking, health care, transportation, among others.

Under the MOA, Monsoon will provide complimentary courtesy consultation, advice, cost-benefit, and socio-economic analysis on the use of blockchain technology in the Philippines.

The DICT will assist the company on the information dissemination for blockchain technology, as well as capacity building activities. (PNA)

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.