summitto

Blockchain Startup
summitto

Transparent on execution, private on data

location_onAmsterdam

Intellectual Property

summitto

We use blockchain for invoice registrations and VAT reporting. Currently the EU VAT Gap is estimated to be 151.1 billion EUR. Ubiquitous invoice registrations on a confidential blockchain create strong and secure methods to prevent fraud, create new markets, and make compliance easy.
Long term vision:
Blockchain enables superior methods of VAT fraud prevention than anything which is being used at the moment. We foresee that all EU tax authorities will adopt this technology. Privacy-by-design and public accountability will continue to grow in importance for a wide range of government services.

Category Intellectual Property
Name summitto BV
Founding Date 2017-11-27
Token Offering No
Technology n/a
Investors n/a
Job Offers n/a
Looking for Investors n/a
Looking for Equity Investors n/a
Looking for Speaking Opportunities n/a
Related Startups Bitfury, Unchain.io, Seal, Dusk Network 

Report wrong data!