News for hackers. Stuff that matters.
Re:Europe is now a corporate also-ran. Can it recover its fo... by choeger on Saturday June 12, 2021 @01:52AM (#27481926)
There is a very similar situation in Germany. The reason behind this is that you can use older POS systems for tax fraud (I never fully understood the details), which apparently was quite a thing amongst smaller businesses. The tax authorities then demanded a perfect chain of paper records (apparently the paper recipe contains some kind of a reference to earlier transactions). Bizarrely, they actually asked customers to keep these receipts which pretty much no one really did, but it was a public topic for a couple of weeks.

German source:

https://www.bundesfinanzministerium.de/Content/DE/FAQ/2020-0...

Re:Europe is now a corporate also-ran. Can it recover its fo... by developer93 on Saturday June 12, 2021 @08:07AM (#27483886)
"It uses blockchain" eyeroll
Re:Europe is now a corporate also-ran. Can it recover its fo... by tacker2000 on Saturday June 12, 2021 @08:21AM (#27483952)
On old POS systems you can just roll back the transactions and put the cash in your pocket, as if it never happened…