Explanatory Video

Summitto created an explanatory video!

Over the last couple of years, many people asked us “but how does TX++ actually work?” Blockchain is a relatively new technology and at times hard to understand. We tried to explain the benefits of blockchain in our last blogpost, but it is hard to know how these benefits are put into practice in TX++ in an article. To show people how TX++ works, we demonstrated our system in an operational environment on several occasions. Unfortunately, we cannot do this for everyone. Therefore, we decided to create an explanatory video! The video shows how the fingerprint of an invoice is uploaded to our system. After encrypting the fingerprint, we are linking input and output VAT so we can detect 100% of the VAT fraud committed! If you have more questions, please do not hesitate to contact us, we are always looking for companies who want to participate in our pilot!