Blockchain invoice technology

Recently, China's Shenzhen subway, taxis, airport buses and other traffic scenes simultaneously launched the blockchain electronic invoicing function, marking the blockchain electronic invoices to the transportation industry. Starting from the first blockchain electronic invoice in Shenzhen in August 2018, in just half a year, the Shenzhen blockchain electronic invoice has covered financial insurance, retailer super, hotel catering, parking services, Internet services, transportation industry six Large area.
Traditional electronic invoices and paper invoices have been outflowing for a long time, resulting in invoices being easily tampered with. “The blockchain invoices participate in the business closure through multiple agencies such as tax authorities and enterprises, so that the entire life cycle of invoices, ticketing, billing, circulation, and reimbursement can be carried out online, realizing invoicing and reimbursement in real time; The whole process is completely traced and the information can not be falsified. It effectively avoids the problem of over-reporting, false reporting, and true and false. The billing process is more efficient and convenient. Statistics show that the application of blockchain will be the government. Regulation reduces costs by 30% to 50% and saves 50% in operations.