Bai Chunli, Dean of the Chinese Academy of Sciences: Blockchain technology will significantly reduce social operating costs

Bai Chunli, president of the Chinese Academy of Sciences, proposed on the 12th of the "Finance" annual meeting 2020, the training network constructed by the blockchain electronic invoice application blockchain technology can truly realize the transaction and invoicing, greatly reducing the tax collection and management cost, effectively Solve the tampering of data, over-reporting one vote, and solve the problem of tax evasion. The advantage of blockchain electronic invoices is that they are used on demand, and there is no need to regularly purchase invoices from the tax bureau, which greatly reduces the workload of the company's taxpayers and improves work efficiency.