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Tag: Shenzhen

Shenzhen to Introduce City-wide Blockchain Invoicing in Partnership with Tencent

Category: Blockchain, Business, News, Tech

Shenzhen to Introduce City-wide Blockchain Invoicing in Partnership with Tencent

Utilizing blockchain technology to its full potential, governments around the world are swiftly implementing the decentralized ledger platform to evade fraud, create immutable databases, and test several use-cases. The latest to join this growing list is China’s fourth-largest city, Shenzhen, which seeks to eliminate unscrupulous businesses taking advantages of tax loopholes. Shenzhen’s Blockchain Push Shenzhen’s State Administration of Taxation has…

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