BLOCKCHAIN COSTS COULD BURDEN GOVERNMENT, DY WARNS Former DICT Secretary Jeffrey Ian Dy told Atty. Edwin Lacierda and Relly Fajardo that blockchain networks require thousands of nodes, making it costly and compute-intensive for government implementation. He added that running a node demands 24/7 uptime, significant computational power, and storage, noting that blockchain “eats a lot of power,” even more than most AI applications. More on this in the full episode of #TheSpokes. | Bilyonaryo News

BALAMURUGAN ANNAMALAI on Instagram: "What Is Blockchain? A Simple Explanation for Crypto Beginners [Blockchain explained, What is blockchain, Crypto basics, Decentralization, Blocks and chain, Distributed ledger, Transparency, Crypto for beginners]"

DY: BLOCKCHAIN SHOWS SOURCE, NOT TRUTH Former DICT undersecretary Jeffrey Ian Dy said blockchain functions mainly as a digital signature system that can identify the source and track changes to documents, but it does not verify the authenticity or truthfulness of their contents. While the technology allows records to be traced, amended, and audited over time—preserving earlier versions—it only confirms who published a document, not whether the information itself is accurate. More on this in the