Jax.Network Blog
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Jax.Network Blog

Our vision for the future of blockchain technology

by Maryna Trifonova, Head of Content at Jax.Network

Blockchain applications

  1. New governance models
  2. Tax collection
  3. Innovations
  4. Raising capital

New governance models

In the future, governments will have new monetary policies using blockchain technology. They also will have precise organizational systems at a much lower cost. Transparency of the governance will be improved a lot thanks to blockchain technology, as all the government processes are interlinked and blockchain technology will help to store and manage them in a decentralized fashion. Due to the transparent and immutable nature of blockchain, governments will also be able to run referendums on a daily basis.

Tax collection

Governments will collect transactional tax using blockchain technology. This way the tax collection process will be more efficient and precise, enriching the government tax revenue. For example, a government can implement a UBI tax, which implies that it’s distributed back to the people, allowing them to develop their skills and society at large. As you see, everyone wins in the end.


If people move to cryptocurrencies fully, especially Proof-of-Work-based coins, then basically currency becomes underwritten by energy. And since money is the technology that helps civilization to function efficiently, the entire civilization will try to innovate in money and that would end up in improving energy efficiency and creating a better world.

Raising capital

It will be much easier for companies to raise capital because the capital markets have gone global now thanks to cryptocurrencies. They will be able to cut the time needed for collecting a large amount of money as well as the cost for each individual transaction. And it can be applied to every sphere of the company’s operation, from IPOs to charity initiatives.


We can’t imagine the future of our civilization without blockchain technology. It will create so many ways to help humans not only transact conveniently but to organize key governmental processes, including voting, tax collection, and fundraising.



Jax.Network provides the technological infrastructure for a decentralized energy-standard monetary system. Our blockchain is anchored to the Bitcoin network and issues two digital currencies JAX and JXN.

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