Title

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.

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

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Nov 16th, 2:50 PM Nov 16th, 3:10 PM

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.