Tailored Contribution System (TCS)
InactiveEnvironment friendliness pays off
Tax
About Tailored Contribution System (TCS)
Tailored Contribution System (TCS) is a use case for digital currencies and ledgers set out in two phases:
– TCS phase 1 is a multi-brand loyalty program rewarding participants for buying environmentally friendly products
– TCS phase 2 is a consumer tax system in which tax rates are based exclusively on the carbon footprint of every single ingredient and component of consumer goods
Hong Kong
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India
Korea
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Kazakhstan
Israel
Qatar
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Germany
Netherlands
Austria
Kenya
Rwanda