Beijing to introduce Blockchain or DLT invoicing systems to enhance transparency
Type: Legislation China’s capital Beijing has revealed that the city’s tax department will introduce blockchain or distributed ledger technology (DLT)-powered invoicing. The new service was reportedly launched on March 2, […]
Thailand aims to use blockchain to stop VAT fraud in oil exportation industry
Type: Trend Thailand is looking to adopt blockchain technology in mid-2020 to oversee the excise tax for the oil industry. Using blockchain technology, authorities will have a clearer picture of […]
