The Russian Federal Tax Service has launched a platform built on the basis of blockchain technology to help the business community during a pandemic. With her help, citizens of the country will be able to get soft loans.
“We had to fulfill several conditions. The first is the exclusion of re-issuing loans. The second is a quick check of the borrower for compliance with qualifying requirements. The third is to ensure the objectivity of data on how efficiently the program works, ”said the head of the Federal Tax Service Daniil Egorov at an online meeting with the country’s president last Thursday. It is worth noting that in order to receive financial assistance from the state, only the TIN and the number of employees working in the company will be required.
According to the head of the Tax Service, the platform is a convenient, transparent service not only for borrowers, but also for banks and the state.
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