Select Page

Cryptocurrency for Ohio Tax Payments

Research Overview

Author: Alastair Marke
Release Date: May 31, 2019

Abstract:

This research demonstrates a potential use of blockchain in the financial system―the use of cryptocurrency for taxation. The research focused on the state of Ohio, the government of which had strong support from relevant stakeholders in the private sector. The use case gives readers a sense of the social, political, and entrepreneurial acceptance during early adoption of blockchain at a governmental level. The outcomes should inform policymakers of more efficient options to implement blockchain-related initiatives while maximizing their public impact.

 

Copyright 2019 Blockchain Research Institute – not for distribution

Fullscreen Mode

 

 

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Cryptocurrency for Ohio Tax Payments Infographic

Copyright 2019 Blockchain Research Institute ™.
This infographic is exclusively available for distribution to employees of BRI member organization.

Related Content

Digital Asset Revolution

In this white paper, “Digital Asset Revolution: The Rise of DeFi and the Reinvention of Financial Services,” Alex Tapscott explores the disruptive effects of decentralized finance (DeFi) applications on the nine functions that Wall Street currently performs. He also examines the creation and use of nine cryptoassets such as non-fungible tokens, stablecoins, DeFi index funds, synthetic securities, and central bank digital currencies. Finally, Alex discusses Web 3 innovations with Layer 1 and Layer 2 solutions to such implementation challenges as scalability, interoperability, and ease of use. If bitcoin was the spark for the financial services revolution, then DeFi and digital assets are the accelerant. This is a must-read for leaders who want to understand how blockchain will transform every aspect of the global economy.

Read More

Non-Fungible Tokens – Part II: An Enterprise View of Programmable Digital Assets

In recent months, popularity of non-fungible tokens has soared again, at a new level of maturity in tools, infrastructure, and proven use cases. These advances have catalyzed the interest of enterprise leaders seeking to understand the value of NFTs in their businesses. This project focuses on what companies should know about this fledgling industry for unique digital assets. NFTs present opportunities to tokenize intellectual property, reputation, conversations, tangible assets, and new ways to engage customers, employees, and communities. From social media and online gaming to enterprise software and physical goods, organizations should find use cases worth pursuing.

Read More
Subscribe