Quote from: helloal on October 18, 2017, 08:51:31 PM

Quote from: viljy on October 18, 2017, 05:49:34 PM

Quote from: Korsakopf on October 18, 2017, 05:43:06 PM

So the demo/prototype already looks really far along, really big plus in my opinion. Not just a white paper project, but already quite far with the development.

What does worry me when i think about this global trade is current taxation and import laws that differ per country. Anybody know how this will be handled? I couldn't find it in the Whitepaper, maybe i missed it.

I did not see it there, either. And yet it is important how to confirm your purchase costs in order to deduct them from taxable profits.

I guess it will be good to have an official answer from one of the team. If I had to try answering the question, it would be that there are easy/simple ways to address the taxes issue and that these will have to be implemented on a country-by-country basis on the Modul platform. (Which might be why the launch of the platform in different geographic regions is being done in stages).

Thanks Helloal. There will be taxation specific modules either by us (or) by 3rd party providers similar to logistics which will offer these services on the platform. Doing Implementation country by country helps us produce better network effect as well as provide those additional services that are required to complete the trade.