EBC Foundation Bi-Weekly Update 2019/07/26
Dear Travelers!
EBC Foundation promotes the adoption of blockchain by providing technology which allows all travelers to receive their full tax refunds instantly and to use EBCoin as a digital currency. We have had another successful week, as we are continuing to improve our EBCoin wallet and further develop our business.
Business Development
EBC Foundation had a great opportunity to present the blockchain-based tax refund solution to one of the largest payment and tech companies in Japan last week. Chain Refund demonstrated and presented the pilot model which included several new technologies.
Unlike the traditional tax refund industry which requires a centralized Tax refund service provider, EBC Solution runs on a total decentralized platform.
The blockchain-based Tax Refund pilot model runs on a single wallet and the real-life users will find it relatively easy and more convenient to use.
The other day, we have delivered proof of a working concept which showed all the major functions of Tax Refund and its blockchain technology.
The wallet will be available to the public in Q4 2019.
Below are the pictures from the Demo:
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