Thai Authorities Set to Use Blockchain Technology To Fight Tax Evasion

Thai Authorities Set to Use Blockchain Technology To Fight Tax Evasion

In a bid to curb the menace of tax evasion and ensure workers pay their correct tax amounts, Thailand’s Revenue Department has announced it would use distributed ledger technology (DLT) and machine learning for tax avoidance probes, according to a Bangkok Post report on November 5, 2018. Thai Authorities Unleash DLT on Tax Evaders According to sources close to the matter,…Read More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News

Remember, all trading carries risk. Past performance is no guarantee of future results.