Technical Papers Session II: Recent progress in Blockchain in Public Finance and Taxation
Abstract/Description
Blockchain technology is an open-source decentralized (peer-to-peer) transaction model with offers transparency among participants without third party validation. It is impacting any traditional industries. This paper reviews its potential in the public financial sector along with its technical challenges and limitations. We also raise and identify potential questions in the current trend, challenges and future directions for Blockchain technology pertaining to its application to national taxation. The work also includes core components and underlying infrastructure to address its associated challenges.
Keywords
Blockchain, Public Finance, Taxation, Cryptocurrency, Bitcoin
Location
Lecture Hall B (Aman Tower, 11th floor)
Session Theme
Technical Papers Session II - IoT, Blockchain, & Fintech
Session Type
Parallel Technical Session
Session Chair
Dr. B.S. Chowdhary
Start Date
16-11-2019 2:50 PM
End Date
16-11-2019 3:10 PM
Recommended Citation
Khan, B., & Syed, T. (2019). Technical Papers Session II: Recent progress in Blockchain in Public Finance and Taxation. International Conference on Information and Communication Technologies. Retrieved from https://ir.iba.edu.pk/icict/2019/2019/12
COinS
Technical Papers Session II: Recent progress in Blockchain in Public Finance and Taxation
Lecture Hall B (Aman Tower, 11th floor)
Blockchain technology is an open-source decentralized (peer-to-peer) transaction model with offers transparency among participants without third party validation. It is impacting any traditional industries. This paper reviews its potential in the public financial sector along with its technical challenges and limitations. We also raise and identify potential questions in the current trend, challenges and future directions for Blockchain technology pertaining to its application to national taxation. The work also includes core components and underlying infrastructure to address its associated challenges.