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.
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Blockchain to curb tax evasionIncryptsMay 25, 20180750
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