China's plan to use blockchai to send invoices and collect taxessteemCreated with Sketch.

in #china8 years ago

Blockchain-Tax.png

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

In 2016, the Chinese government announced its distribution of the General Office in its 5-year national program. Since then, the country has been trying to implement and use Blockacin in everyday life, which Futurism writes about that China is leading in the development of technology and its use.

One recent move by the country is ZhongAn's insurer, who only works online and is working on a block diagram to track chicken supply in the country. Also, the Central Bank of China has undergone a prototype of the use of a digital currency with its own encrypted currency. The Chinese economy with a gross national product of about 10.5 billion euros could be a launch vehicle for the country.

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 agreement says, "This is the first thing that is done in the field of financial and tax affairs with the use of blockades in the international arena, which in the future will strengthen the network of China and this industry internationally."

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.

With the continuation of China's efforts to explore the various uses of this technology, we will see more use. Regarding the stability, security, transparency and importance of this issue in the digital world, China understands the importance of using BlockChin and is keen on further exploiting and discovering the potential of this technology.

@haji

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Interesting how blockchain is spreading.

Do you know anything about how they are trying to realize this project? Will Neo play a role here?

Bitcoin has many projects and Bitcoin has a great future
Going to $ 100,000 : 1 Bitcoin
I am sure of this

Neo will definitely play a major role here i guess

Nice post... Followed you and upvoted done. Have a look into my blog, you may like any of my posts :-)

worst fing news ever, collect taxes through blockchain .... and there comes the last step for governments to take control off everything...

This is just the begining of various things we can do with blockchain.

Yes, it is

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