Forbes article discusses how blockchain technology can revolutionize the IRS

NEW YORK (PRWEB) June 05, 2018

According to Mr. Bergman, the implementation of a private Blockchain platform by the IRS can be transformational from a speed, security, and cost perspective. Private blockchain can make the IRS a more cost effective and efficient regulator.

“We have just started scratching the surface of the potential impact of the blockchain revolution for all industries, including government agencies, such as the IRS . However, Ignoring the powers of blockchain technology can prove to be a nightmare scenario for the IRS,” stated Mr. Bergman.

Adam Bergman founded the IRA Financial Group & IRA Financial Trust Company. Mr. Bergman published 7 books on the topic of retirement plans and taxation, including the first published book on how to use retirement funds to purchase cryptocurrencies (How To Use Retirement Funds to Purchase Cryptocurrencies in a Nutshell). He is a frequent contributor to Forbes.com and has written numerous articles about cryptocurrency and blockchain. Mr. Bergman, has been quoted in over 250 major publications, and helped over 10,000 clients establish self-directed retirement plans to make alternative asset investments.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.

For the original version on PRWeb visit: https://www.prweb.com/releases/2018/06/prweb15539746.htm

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Cleaning up after Nassau tornado ... Businesses housing workers on East End ... Captain your own motorboat ... Happy hour deals on LI ... Get the latest news and more great videos at NewsdayTV

Get the latest news and more great videos at NewsdayTV Credit: Newsday

Cleaning up after Nassau tornado ... Businesses housing workers on East End ... Captain your own motorboat ... Happy hour deals on LI ... Get the latest news and more great videos at NewsdayTV

SUBSCRIBE

Unlimited Digital AccessOnly 25¢for 6 months

ACT NOWSALE ENDS SOON | CANCEL ANYTIME