Title
Designing Smart Contract For Electronic Document Taxation
Abstract
In recent years, we have seen a massive blockchain adoption in cryptocurrencies such as Bitcoin. Following the success of blockchain in cryptocurrency industry, many people start to explore the possibility of implementing blockchain technology in different fields. In this paper, we propose Smart Stamp Duty, a system which can revolutionize the way stamp duty (document tax) is managed and paid. The proposed Smart Stamp Duty offers significant improvements on the convenience when paying stamp duty by removing the need of physical revenue stamp. At the same time, the blockchain technology also provides the auditability of the recorded data. Smart stamp duty enables the expansion of the existing electronic stamp duty application to retail level. Smart stamp duty also enables the taxpayers to pay the stamp duty of their electronic documents. Our proposed system also enables the taxpayers to convert their electronic documents into physical documents while still maintain the ability to refer the electronic-based stamp duty payments.
Year
DOI
Venue
2019
10.1007/978-3-030-31578-8_11
CRYPTOLOGY AND NETWORK SECURITY (CANS 2019)
Keywords
Field
DocType
Blockchain, Smart contract, Electronic document, Taxation
Revenue,Computer science,Computer security,Electronic document,Blockchain,Cryptocurrency,Stamp duty,Payment,Smart contract
Conference
Volume
ISSN
Citations 
11829
0302-9743
0
PageRank 
References 
Authors
0.34
0
6
Name
Order
Citations
PageRank
Dimaz Ankaa Wijaya101.35
Joseph K. Liu2113467.24
Ron Steinfeld3106572.74
Dongxi Liu431240.40
Fengkie Junis500.34
Dony Ariadi Suwarsono600.34