Blockchain
UK Tax Assistance App Unveils New Reliable and Efficient Way of Paying Tax Returns
London, United Kingdom–(Newsfile Corp. – January 20, 2023) – UK tax assistance app, Free Tax Returns, is set to launch a new app in 2023 that will provide taxpayers efficient and convenient tax return assistance for free.
Free Tax Returns
“Doing tax returns is overwhelming, time-consuming, and sometimes confusing. We want to provide a free, easy, and smooth way for people to do their tax returns and claim money back so that they never overpay on taxes again,” Director of Own Your Money Ltd, Raam Thakrar explains.
Through open banking and digital banking APIs, the app can automatically source the necessary data taxpayers need to process their tax returns. It also helps UK citizens save time and effort by allowing them to submit these requirements to the relevant tax authorities through the app. In addition, the app can calculate tax returns based on individual circumstances, considering what needs to be declared and what can be claimed. This prevents taxpayers from having any unclaimed funds. A more premium version of the app is also available, enabling users to have a dedicated accountant or financial advisor.
“We want to put money back into people’s pockets at a time when it really matters. It’s not right that taxes are this opaque, that it’s this hard to claim all that is rightfully ours. All that legally should be given to people should be given. We’re here to help that happen,” Thakrar expounds.
As part of the preparation for their app’s grand launch in 2023, the app has a waitlist and a sign-up campaign in December 2022 for those interested in the app’s release in time for the 2022-23 tax year.
About Free Tax Returns
Free Tax Returns is a financial technology app that aims to solve the tax burden of many tax return payers by providing them with no cost, accurate, and reliable tax return services. Set to launch in 2023, the app will provide a fully transparent and easy tax return process.
Contact Details:
Contact Person: Raam Thakrar
Email: [email protected]
Website: www.getfreetaxreturns.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151861
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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