# Watch: Taxation and Sustainability

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### MintBlue

MintBlue is collaborating with the **Dutch Tax Authority** to implement **real-time VAT tracking** using **blockchain technology**.

* This system **records invoices directly on-chain**, eliminating reconciliation errors and enhancing **accuracy in tax reporting**.
* The solution can **reduce accounting staff requirements by up to 90%**, showcasing significant **operational efficiencies** (e.g., reducing from 10 to 1 accountant).
* Additionally, MintBlue is engaged in **sustainability reporting** and **digital product passports**, highlighting blockchain's potential in **compliance** and **cost reduction**.


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