Blockchain
Mudrex and KoinX Team Up to Simplify Crypto Taxation in India
In a significant move aimed at simplifying crypto tax compliance for Indian investors, KoinX, India’s leading crypto tax software, has forged a strategic partnership with Mudrex, a globally recognized crypto investment platform backed by Y-Combinator. This collaboration marks a pivotal moment in the Indian crypto landscape, offering investors a seamless solution to manage their tax obligations effectively.
The Partnership Overview
KoinX and Mudrex have joined forces to integrate KoinX’s advanced crypto tax reporting tools directly into Mudrex’s platform. This integration allows Mudrex users to effortlessly generate accurate crypto tax reports, ensuring compliance with India’s evolving regulatory framework.
Simplifying Tax Filing with KoinX
KoinX is renowned for its user-friendly interface and advanced algorithms designed specifically for India’s intricate crypto tax laws. With the partnership, Mudrex users gain access to KoinX’s robust suite of features, including:
- User-Friendly Dashboard: KoinX offers an intuitive dashboard that simplifies the complex task of crypto tax reporting. Users can navigate through their transactions and generate comprehensive tax reports with ease.
- Accurate Reporting: Leveraging advanced algorithms, KoinX ensures precise calculation of tax liabilities across a wide range of crypto assets, including NFTs, mining rewards, and transactions on decentralized exchanges (DEXes).
- Comprehensive Coverage: KoinX supports over 25,000 cryptocurrencies and tokens, ensuring that investors can accurately report their holdings and transactions regardless of asset diversity.
Key Benefits for Mudrex Users
The partnership between KoinX and Mudrex brings several key advantages to crypto investors and traders using Mudrex’s platform:
- Seamless Integration: Investors can seamlessly sync their Mudrex accounts with KoinX, enabling automatic import of transaction data for streamlined tax reporting.
- Efficiency and Accuracy: KoinX’s advanced technology guarantees fast and precise tax calculations, minimizing the risk of errors and ensuring compliance with Indian tax laws.
- Cost-Effective Solution: KoinX offers its services at a nominal fee, making it accessible for investors of all scales to manage their crypto tax obligations effectively.
- Support for Complex Transactions: From trading across multiple platforms to participating in DeFi protocols, KoinX accommodates a wide array of crypto activities, providing comprehensive reporting capabilities.
Future Prospects and Industry Impact
The collaboration between KoinX and Mudrex not only addresses the immediate need for simplified tax reporting but also sets a precedent for future partnerships within the crypto ecosystem in India. As regulatory clarity continues to evolve, solutions like KoinX play a crucial role in fostering trust and compliance among crypto investors and regulatory authorities alike.
Source: sfctofay.com
The post Mudrex and KoinX Team Up to Simplify Crypto Taxation in India appeared first on HIPTHER Alerts.
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
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