Thailand’s Revenue Department Testing Blockchain To Prevent Tax Fraud

News | December 4, 2018 By:

The Revenue Department of Thailand is testing distributed ledger technology (DLT) in its innovation lab to track value-added tax (VAT) payments.

Local media outlet Bangkok Post reported that the Revenue Department wants to use blockchain technology to streamline tax refunding procedures and help the department check if taxes have been paid according to the requirements.

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Blockchain Insurance Industry Initiative To Roll Out First Product In 2019

Blockchain, News | November 23, 2018 By:

The Blockchain Insurance Industry Initiative (B3i) has announced that it is finalizing an investment round and will launch its first product next year.

Founded in 2016, the B3i is a collaboration of 15 global insurers and reinsurers formed to explore the potential of using distributed ledger technologies (DLT) within the industry for the benefit of all stakeholders in the value chain.

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Blockchain Software Asset Management Application Announced By Accenture

Blockchain, News | November 13, 2018 By:

Professional services giant Accenture has introduced a new software asset management (SAM) application based on distributed ledger technology (DLT).

The new application is aimed at simplifying the traceability of Accenture’s software licenses and improving the asset management lifecycle. The application was developed using Digital Asset’s (DA) blockchain platform,

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Blockchain Trade Association Formed In Gibraltar

Blockchain, News | October 31, 2018 By:

Her Majesty’s Government of Gibraltar has formed a new trade association that will aim to drive forward the country’s innovative approach to distributed ledger technology (DLT).

Called Gibraltar Association for New Technologies (GANT), the new association will promote high standards of professional conduct within the blockchain sector in Gibraltar as well as further the reputation of the jurisdiction’s finance industry on the international stage.

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