Mark Walport Quotes

Blockchain technology represents a generational opportunity to mutualize database infrastructure across entities within financial services. What that translates into is an enormous cost-saving, risk-reducing, and capital-enhancing opportunity.

At the World Bank, we are already working with our clients in developing countries to improve their governance systems, collect taxes, fight corruption, and recover stolen assets.

E-governance is easy governance, effective governance, and also economic governance. E-governance paves the way for good governance.

I would rather we limited - for the sake of transparency - we limited the number of taxes that we had and we were right up front about what they are, how much they are, and so forth.

After the implementation of GST, trucks are having a smooth passage. Tax compliance has increased after the implementation of GST.

Crucially, African governments must ensure they prioritize the eradication of tax evasion and tax avoidance.

Extra capacity makes manufacturing competitive, keeps pricing in control.

I want to see businesses identifying where the highest risks of modern slavery are in their business and supply chains and take targeted steps to address those risks.

The government adoption of AI will not bring about a government being run by robots. Instead, our government will continue to be run by people, with help from algorithms dramatically improving government services for all Americans.

We recognize that your emotional information is extremely personal. And so we have veered away from all use cases where that data is being collected without your consent.

Global governments should start seriously talking about the creation of a World Tax Authority with the mission to ensure that tax systems will deliver for the public interests in all countries.

I think the best projects understand that they don't need to invent a new currency. They don't need to use the block chain as their long-term data storage solution. And they don't need to use the peer-to-peer network as their communication mechanism. They should use the block chain as the world's most secure distributed ledger.

If you buy something online, you're supposed to pay a use tax.

Rethinking product supply chains offers another opportunity for traditional enterprises to introduce a host of positive outcomes.

When you know the truth is on your side, when you have dutifully paid all your taxes, but you are still targeted for non-payment of dues, then what do you do? You grin and bear the harassment because you have nothing to hide.

We have international organizations for health, trade, and football - even for coffee - but not tax. Why not?

Europeans tend to feel more positively about their governments than do Americans, for whom the failures and unpopularity of their federal, state, and local politicians are a commonplace. Yet Americans' various governments collect taxes and, in return, provide services without which they could not easily live their lives.

I think the whole narrative of blockchain without bitcoin will amount to very little.

A universal basic income funded by a value-added tax, which is a tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale, would spread the benefits of automation to a much wider group of people.

I built a supply chain of 400,000 people in China to play games professionally to mine digital currency.

Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.

Countless banks around the world are already testing distributed ledger systems in proof-of-concept trials.

The thing that I often ask startups on top of Ethereum is, 'Can you please tell me why using the Ethereum blockchain is better than using Excel?' And if they can come up with a good answer, that's when you know you've got something really interesting.

The way we are getting parts and services is just in time, at the last minute, into the U.K., and any major disruption in borders and taxes would massively damage the Formula One industry in the U.K.

Digitization and new technologies are rapidly changing all industries, forcing them to prepare for a tomorrow that is unpredictable. This also applies to the industry of container shipping, ports, and logistics, which largely has been driven by the traditional business models focused on optimizing how you move goods.