RealChain Foundation is committed to creating a high-end anti-counterfeit consumer product ecosystem with the slogan “No fakes in the world”. This ecosystem requires cooperation from multiple partners sharing the common goal. The Foundation currently has two partners – TaoDangPu and Safety Tax Free GmbH. TaoDangPu provides a large amount of counterfeit product data for the high-end consumers, which had greatly supported the process of building intelligent hardware. Based on the valuable data provided by TaoDangPu, we had developed the blockchain-based artificial intelligence hardware – the fire eyes, which will be the cornerstone of the ecosystem. The Foundation and the Europe-based Safety Tax Free GmbH, had together created a VAT refund service based on blockchain technology, the DApp is now live. All tax refund records will be kept in the RC service center to ensure that the tax refund system is transparent and open. This collaboration can provide consumers with high efficiency, high-quality, transparent VAT refund service that standardizes the processes.
