2024: PHs digital revolution, rise of emerging technologies [Video]

As the end of 2024 approaches, it marks yet another significant chapter in the Philippines’ rise as a global hub for digital innovation. From making headway in blockchain adoption to breakthroughs in artificial intelligence (AI) and fintech, the nation has demonstrated resilience, ingenuity, and a strong dedication to technological advancement. This year-end review highlights the milestones that have transformed the Filipino digital landscape and sets the stage for its future growth.

Strengthening digital currency and blockchain ecosystems

The fallout from the Binance ban highlighted the regulatory hurdles facing digital currency exchanges in the Philippines. Infrawatch PH’s insights stressed the importance of compliance with local laws, as regulators like the SEC and BSP doubled down on their dual registration requirements for corporations and virtual asset service providers. While the ban brought to light challenges, it also reinforced the need for transparent and secure platforms, pushing Filipino users toward local, registered exchanges.

On a more innovative note, blockchain adoptiongained …