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HashChain Technology Cryptocurrency Accounting Software Globally Available
HashChain Technology Cryptocurrency Accounting Software Globally Available Canada ...
About this update from Intellabridge Technology Corp.
[{"type":"text","content":"\n\n\n\nHashChain Technology Cryptocurrency Accounting Software Globally Available\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 5, 2018\n\n\n\nVANCOUVER, March 5, 2018 /CNW/ - HashChain Technology Inc. (\"HashChain\" or the \"Company\") (TSXV: KASH; OTCQB: HSSHF), who acquired the assets of NODE40, LLC on January 30, 2018, today announced their blockchain accounting software, NODE40 Balance, is expanding its services to meet the needs of global cryptocurrency investors as many countries tighten their tax laws around cryptocurrency transactions. NODE40 Balance is available to cryptocurrency users around the globe.\n\n\n \n \n\n \nNode40 Balance is a Software-as-a-Service (SAAS) that helps cryptocurrency users to meet tax requirements in their respective countries by analyzing the blockchain to retroactively report capital gains and losses for Bitcoin, Bitcoin Cash, Ethereum, Litecoin and DASH. A user uploads their transactions on the Coinbase exchange, a wallet or a cryptocurrency blockchain, and Balance calculates exact values of each transaction, tracks the cost basis and days carried. Once the gains and losses have been located, Balance automatically inputs the information on a worksheet that can be shared with a CPA to file taxes in a traditional manner.\n\n\"Globally, cryptocurrency users are beginning to feel pressure to report their taxes, but many of them have not been keeping up with past gains and losses and are uncertain of how to appropriately file them,\" says Patrick Gray, CEO of HashChain. \"NODE40 Balance is one of the only solutions that simply and accurately delves into a cryptocurrency user's transaction history and pulls that information.\"\n\nOn February 23, 2018, Coinbase, the largest global cryptocurrency exchange platform in the world with over 13 million users and funding from the New York Stock Exchange, Bank of Tokyo, Draper-Fisher-Jurvetson, Institutional Venture Partners and Andreesen Horowitz (Source: CoinDesk and Coinbase), formally notified their customers they were required to report 14,000 individual...