Thailand to Adopt Blockchain in Combating Tax Evasion

Thailand to Adopt Blockchain in Combating Tax Evasion

As an effort in combating the tax evasion in the country, the chief of Thailand’s Revenue Department has unveiled the plan for utilizing blockchain technology. The Director-General to the department, Ekniti Nitithanprapas then expressed optimism towards the ability of blockchain technology in monitoring tax payment received and accelerate refund process.

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