What is VICT?
What is VICT?
What is VICT?
VICT stands for VAT Input Credit Token.
It is a patented, blockchain-based digital token designed to replace traditional VAT input credit mechanisms in B2B transactions.
Key Features:
- Secure, transparent tracking of VAT transactions
- Eliminates the need for manual reconciliation and paper vouchers
- Uses smart contracts and digital wallets for seamless compliance
To learn more, see our Technical Guide or Knowledge Base.