Elusio was a lawyer in the UK working in property and tax law creating global SPVs. He started TAXMAP in 2010 to help the EU integrate their tax database. In 2012 he started working with Bitcoin and blockchain technology and shape it for the internet of value. He implemented the first global bookkeeping system allowing everyone to have more financial literacy and control over their futures.
“TAXMAP is a compliance protocol providing Ledger Analytics and Digital Tax Stamps. We have a blockchain bookkeeping system allowing global (digital and FIAT) transactions and to clear invoices in any currency. We use Ledger Analytics on digital transactions to make sure everything is taxed correctly every time a sale or clearing an invoice (as well on the differences in gains and losses of digital assets). We apply Digital Tax Stamps to transactions to carry a country’s sales tax with the business transaction which is completed through a bank/exchange and automatically remit taxes based on the jurisdiction the transaction nexus.”