WeChat turns to blockchain for help in corporate employee reimbursements

Оригинал: https://coingeek.com/wechat-turns-blockchain-help-corporate-employee-reimbursements/

The blockchain technology is the next stop for Chinese tech giant Tencent. The company is integrating the blockchain to its WeChat app to facilitate expense reimbursement of company employees. The application has already been piloted at a local restaurant in Shenzhen, China, where a user was able to utilise the existing payments service on WeChat Pay to pay the bills, according to the company.

During the trial process, the payment data was sent to the user’s employer, the restaurant (where the expense was made) and to the local taxation authority via the blockchain platform. This, according to Tencent, will eventually reduce the high rate of false receipts. Tencent also hopes that the system will hasten and streamline the reimbursement process.

Читайте далее на coingeek.com →