Gorriceta Africa Cauton & Saavedra, the Blockchain Council of the Philippines (BCP), Gobi-Core Philippine Fund, and Tether have launched the Philippine Blockchain Industry Report 2025, a landmark study that captures the evolution of the country’s blockchain landscape and outlines its growing relevance beyond cryptocurrencies.
The report reveals a strong trend toward broader blockchain use, with 74% of Filipinos expressing confidence in the technology’s security—a key signal of public readiness for adoption beyond trading or gaming. While the Philippines gained global attention as a play-to-earn (P2E) gaming hub, current adoption patterns reflect a more diverse application of blockchain across remittances, decentralized finance (DeFi), data privacy, and digital infrastructure.
Despite being ranked 8th in the 2024 Global Crypto Adoption Index, only 28% of Filipinos are familiar with Web3, and 53% have yet to try any blockchain-based application. The report emphasizes the gap between awareness and in-depth understanding, suggesting the need to accelerate education, regulation, and hands-on engagement.
In terms of adoption maturity, 40% of users have been engaging with blockchain for less than a year, while 30% fall within the one- to two-year experience range. There is also growing curiosity around blockchain integration with emerging technologies such as artificial intelligence (AI), the Internet of Things (IoT), clean energy, and cybersecurity—highlighting the public’s increasing appetite for next-generation applications.
To strengthen momentum, the report outlines five strategic recommendations:
- Broaden the regulatory scope to include non-crypto blockchain innovations
- Create innovation sandboxes for testing emerging use cases
- Foster public-private partnerships in policy and education
- Expand blockchain literacy and workforce training
- Promote government adoption for services like digital IDs, land registries, and logistics systems
Stakeholders from across the ecosystem underscored the significance of the report in moving the Philippines closer to a digitally inclusive future.
Donald Lim, President of DITO CME and Founding President of BCP, noted, “This report is more than a publication; it is a milestone in our collective journey to build a future-ready, digitally empowered Philippines. Blockchain is no longer just a buzzword—it’s a transformative force at work across the archipelago.”
Mark Gorriceta, Managing Partner at Gorriceta Africa Cauton & Saavedra, emphasized the report’s value as both a diagnostic tool and a roadmap. “As the regulatory environment evolves, we must shape policy proactively and inclusively. This report offers legal, technological, and economic insights to build a secure, future-ready digital ecosystem.”
Carlo Chen-Delantar, Partner at Gobi-Core Philippine Fund and Head of ESG & Circular Economy at Gobi Partners, added that the report reflects months of collaborative research and stakeholder engagement. “From fintech to education, gaming to governance, blockchain is already reshaping how industries operate in the Philippines.”
The full Philippine Blockchain Industry Report 2025 is available at:
https://gorricetalaw.com/philippine-blockchain-report-2025
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