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Watch: Taxation and Sustainability

MintBlue

MintBlue is collaborating with the Dutch Tax Authority to implement real-time VAT tracking using blockchain technology.

  • This system records invoices directly on-chain, eliminating reconciliation errors and enhancing accuracy in tax reporting.

  • The solution can reduce accounting staff requirements by up to 90%, showcasing significant operational efficiencies (e.g., reducing from 10 to 1 accountant).

  • Additionally, MintBlue is engaged in sustainability reporting and digital product passports, highlighting blockchain's potential in compliance and cost reduction.

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