Recently, Mile Unity Foundation has published the first cross-border service purchase deal for the XDR and open sourced all the legal documents, including the IFRS reporting (http://mile.global/cross-border-trade-in-xdr/
South Korean service provider has paid the VAT in Korea, because he has earned profit on this deal.
Mile Unity Foundation is a South Korean public benefit organization evangelizing digital technologies to create a fairer global economy that empowers the 4 billion people in the developing world and kick starts economic growth worldwide.
MUF educates governments, enterprises, engineers, and media about how blockchain technologies can be used to provide equal access to cross-border transactions, trade, investments, and money remittance, and to strengthen international relations.
1. Airway Bill
2. Customs declaration
3. Pro-forma invoice
4. Purchase contract
5. Certificates to the contract
6. Shipment arrival notification
XDR offers a much-needed alternative to the existing system and provides currently marginalized economies the means to meaningfully engage in global commerce on a level playing field. See more info here