Tax
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Carbon Footprints and Imposition of Tax
Abstract: AbstractThe IOT based project is designed to keep an account on excessive use of carbon by industries. A dynamic tax is imposed when carbon level exceeds its threshold. Tracking down the carbon footprint of every product using the blockchain would shield the data from tampering and it can be used to figure out the amount of carbon tax that is to be charged at the point of sale. If an …
Published in Recent Trends in Sensor Research & Technology · Vol. 7, Issue 1, 2020 · pp. 23–29 Read article