The Blockchain Paradox: Why Taxation Could be the Killer App

White Paper Summary

Government regulators and major financial institutions have pivoted their thinking about the blockchain protocol. Emerging from a 10-year drought, cryptocurrency is now seen as a viable investment option, with tremendous upside. Blockchain technology plays a major role in the success of cryptocurrencies, as transactions can be done instantly between multiple parties while authenticating and documenting the steps along the way.

As a business, cryptocurrencies for e-commerce will allow a business to stay tax-compliant while saving money on paperwork and workforce used to collect and manage taxes.

David Deputy, director of strategic development and emerging markets, offers his expertise in this white paper so readers can learn more about how the use of cryptocurrency can help their business excel.