Tencent Holdings has associated with Shenzhen tax authorities in order to curb tax evasion through the use of blockchain technology. The Shenzhen State Taxation Bureau aims to develop a smart lab with the help of Tencent integrating blockchain, cloud computing, and AI. The tax collections reports would be optimized and tax receipts managed through blockchain.
Blockchain to curb tax evasion
IncryptsMay 25, 2018
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