Tag Archives: Blockchain Technology


How Thailand is Integrating Blockchain and Machine Learning in Tax Management

  By David Drake   Last month, Thailand’s Revenue Department took a bold step to include blockchain technology in its tax management strategy. By integrating the distributed ledger technology (DLT) ingrained in blockchain, the financial arm of the Thai government is hoping to better account for tax payments and refunds, while using machine learning to detect tax fraud. The government […]

Why Thai Government is Banking on Blockchain to Solve Tax Management Problems

  By David Drake   Last month, Thailand’s Revenue Department took a bold step to include blockchain technology in its tax management strategy. By integrating the distributed ledger technology (DLT) ingrained in blockchain, the financial arm of the Thai government is hoping to better account for tax payments and refunds, while using machine learning to detect tax fraud. The government […]

How Colombia is Positioning Itself to Become the Next Cryptocurrency Hub

  by David Drake     With the continued growth and a promising future, blockchain technology and virtual currencies have captured the attention of business entities and is now gaining pre-eminence in government circles. Startups across the globe are increasingly using blockchain technology to develop innovative solutions. Such companies include HFC Coin which provides blockchain backed solutions for the mortgage industry, […]