POS system for tax record using blockchain

Project Title

POS system for tax record using blockchain

Project Area of Specialization BlockchainProject Summary

Web-based POS Interface of retailer shop. Every records of the shop will saved in blockchain (Distributed ledger).

 An online real-time system for documentation of sales that connect the computerized sales system of retailor to FBR’s system through internet using blockchain technology (DLT).

The system helps retailor for automatic preparation of sales tax return and thereby reducing their expenditure. like accountants, advisers, or auditors.

Information related to billings, taxes, employes salary, Rent of the shop (if rented) , electricity and other bills , orders placed per day, and inventory can be stored and distributed across the blocks in the chain.

Project Objectives

A blockchain-based point-of-sales solution could bring more reliability and traceability to the businesses.

Blockchain is a decentralized and distributed ledger technology that aims to ensure transparency, data security and integrity, since it cannot be tampered or forged. if you purchased a item of 100$ you cannot change later.Transaction and tax record stored in blockchain encrypted database.

Project Implementation Method

• We choose  blockchain platform for POS.
• Integrate POS technology.
• Maximize management features.
• Put into practice smart POS maintenance standards.
• Integrate your POS system with essential software.
• taxes records
• transaction records
• inventory

Benefits of the Project

• A blockchain-based point-of-sales solution could bring more reliability and traceability to the businesses.
• Blockchain is a decentralized and distributed ledger technology that ensure transparency, data security and integrity,
•  it cannot be tampered or forged. if you purchased a item of 100$ you cannot change later.
• Transaction and tax record stored in blockchain encrypted database.

Technical Details of Final Deliverable

All feature of pos system 

• inventory
• sales report
• tax record
• blockchain ledeger

Final Deliverable of the Project HW/SW integrated systemCore Industry OthersOther Industries Food , Finance Core Technology BlockchainOther Technologies OthersSustainable Development Goals Decent Work and Economic GrowthRequired Resources

Item Name	Type	No. of Units	Per Unit Cost (in Rs)	Total (in Rs)
			Total in (Rs)	17499
Point of Sale Receipt Printer	Equipment	1	7499	7499
Bar code scanner	Miscellaneous	1	10000	10000