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Philippine Agency Trains Youth in Blockchain and NFT Technology

Sep 25, 2024
  1. Teaching Philippine Youngsters About the Blockchain and NFT Sectors
  2. Blockchain and NFT Use Cases
  3. Conclusion

The Philippines, already known as a blockchain gaming powerhouse, takes another step forward. A Philippine government agency is giving young Filipinos real-life experience in blockchain and NFT technology.

Teaching Philippine Youngsters About the Blockchain and NFT Sectors

The Philippine DOST-ASTI invited Philippine youngsters to its recent tech forum. The DOST-ASTI is the Department of Science and Technology-Advanced Science and Technology Institute. This forum was on 20th September. The forum highlighted the potential that blockchain technology has. Topics covered during this tech forum included: * Cryptocurrencies. * Blockchain technology. * The NFT sector. The agency mentioned that both the private and public sectors are being reshaped by new technologies like AI, cybersecurity, and blockchains, impacting how institutions operate.

Blockchain and NFT Use Cases

The forum emphasized blockchain and NFT use cases. Roxanne S. Aviñante, a senior scientific research expert at DOST-ASTI, explained that the blockchain and NFT sectors will offer future job opportunities. Marc Jerome T. Tulali, another DOST-ASTI specialist, also added his point of view. He explained how NFT and blockchain tech have real-world use cases. Besides gaming and crypto, examples include: * Tracking of goods in the supply chain. * Voting. * ID opportunities and more. He also mentioned SIERRA (Self-Sovereign Identity Empowerment: Reinventing Rights and Attributes), a new blockchain-based system for managing intellectual property currently under development. Other use cases highlighted to the students included: * Entertainment. * Healthcare. * Government and public sector. * Central bank digital currencies (CBDCs). * Decentralized finance (DeFi). * Identity and physical infrastructure, like DePIN.

Conclusion

The Philippine government is starting to inform its youngsters about new sectors, including blockchain and NFT technology. DOST-ASTI is taking a leading role in this initiative.

The Philippine government is actively engaging youth in the study of blockchain and NFT technologies, providing real experience and knowledge for future career opportunities.

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