Search This Blog

Wednesday, September 19, 2018

The Chinese government has announced that it will use BlockChin to collect taxes as well as issue invoices (electronic invoices).

According to the Chinese government, the country is considering working on how to use the Financial and Tax Office. Under an agreement with Shenzhen Zhanhe Technology Investmen, the Chinese government is working on a collaborative development plan for the government-funded financial and tax chain.

The recent Chinese-led initiative can be an example of how Blockacin technology can be used for everyday life. Also, because of its security and transparency, Blockacin can be an attractive and attractive option for tax matters.