How the VICT System Works

How the VICT System Works

How the VICT System Works

  1. Token Issuance: The Revenue Authority issues VICT tokens to verified taxpayers.
  2. B2B Transactions: Tokens are transferred from seller to buyer with each transaction.
  3. Validation: Smart contracts validate every transfer and update compliance records.
  4. Monitoring: AI continuously checks for anomalies or suspicious activity.

See our System Architecture page for more details.