Philippine-based education platform Bitskwela advances Baguio to a Smart City by organizing the Bull or Bear: Philippine Web3 Debate, which highlights Web3’s potential to drive technological-based governance and innovations across local governments in the country.
Bitskwela’s sixth Bull or Bear debate was held at the University of the Cordilleras, discussing the pros and cons of blockchain-related technologies under the theme “Web3 in Baguio.” It aimed to provide a leveled understanding to Baguio citizens, from students to stakeholders, allowing them to make well-informed decisions when engaging with the Web3 space.
The debate featured leaders and experts in blockchain, tech, and innovation, who discussed topics such as digital currencies for commerce and governance and the use of NFTs for tourism.
“The goal of the Baguio Smart City project is to leverage emerging technologies, such as data analytics and artificial intelligence, to enact good governance. Alongside the tech-savvy population of Baguio, emerging technologies like blockchain and cryptocurrencies potentially play as a strong complement to sectors such as tourism management and citizen welfare,” said Bitskwela CEO Jiro Reyes, echoing Mayor Magalong’s view on the integral role of Web3 in achieving the city’s goal.
The Bull or Bear Baguio event was co-presented by Globe Telecom and Coins.ph, in collaboration with various organizations such as Polkadot, UC Innovation and Technology Transfer Office, Bitshares Labs, and Blockceler8 by Uniquecorn Strategies as its official PR partner. NextBlock, KTX Finance, and friendzone.pro also supported the event.
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