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Quantum Multi Solutions
QMS International S.A.（Switzerland）
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Dialogue with Mr.Kato (Japan Digital Agency) Part 22021.10.27 wed
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Dialogue with Mr.Kato (Japan Digital Agency) Part 12021.10.20 wedAtsuya Sugawara - Good afternoon, it’s been a long time since we had a dinner organized by a common friend, already 4 or 5 years have passed! At that time, you Mr.Kato worked for MOF while I worked for a biotech company. It is unbelievable that we meet again here to have a dialogue about e-invoice.
Hiroyuki Kato - I‘m also happy to see you again. I never thought that you were listening to my presentation at Exchange Summit 2021 in Vienna. I’m sure that you are an expert in biotechnology, so, I’m also surprised to hear that you are now in the world of “e-invoice”. Could you let me know what made you work at QMS International?
AS - During my days in biotech business, traceability with valid certificates was getting more important. Most of the companies archive all the documents and certificates in electronic format, however, we had to struggle with a lot of ‘repeated’ manual or paper works, therefore I would like to draw on such experience for more efficient solutions.January 2020, by chance, I watched a news on TV in Switzerland, saying that the Swiss government is committing to support especially healthcare and blockchain startups in order to recover the economy damaged by the Corona pandemic, and I had a pop-up idea to utilize the blockchain to change such manual and repeated work ambient. After a year of research, I got to know that, in Tessin (south Switzerland) where I live and work, there is an NPO called ‘Quadrans Foundation’ which has an opensource blockchain platform, so I contacted them. After various discussion with them as well as with Foodchain S.p.A, an Italian application/software company using Quadrans Blockchain, we decided to establish a new company QMS International aiming to elaborate their use cases of Europe (mainly in Italy) towards more international market and application.A lot of my friends asked me, ‘why do you now change your career!’ with surprise (and criticism), however, I personally don’t think to change my business at all because I simply commit to promote ‘public goods’, for our better life, without feeling ‘I work for the IT industry’, therefore I could catch it up rather easily and quickly. Quadrans Blockchain is designed for industry, not for fintech, with the special algorithm which makes the transaction fee low and stable, this is my strong conviction to step in, even if it is true that Blockchain and e-invoicing are not my field.How about you, Mr.Kato, working for the Digital agency now, seeming to be out of your field too?HK - It’s a quite interesting story. I also tell you my story. I have been working for Digital Agency from this September 1st. The Agency has newly launched this September, so, I’m one of its initial members.My main role in the Agency is to lead the “E-Invoice project in Japan”. Actually, we started the project together with EIPA last summer. Its first step was to make decision to create our country specification based on Peppol. Our Minister for Digital Transformation made its decision last December. After that, it’s going as planned. Currently, we have succeeded in publishing the first draft of our country specification on the website of Open Peppol.Anyway, as you know, my background is “Tax”. I have more than 6 years working experience in making policy of Japanese Consumption Tax system. In fact, when I was working at Tax Bureau Ministry of Finance, I myself made the details of a “Qualified Invoice Based method” which is an input tax credit system similar to that in EU VAT and will be implemented from October 1st, 2023. Therefore, I’m sure that I can leverage my knowledge and experiences as a Consumption Tax expert.
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Exchange Summit Wien 2021 (Sponsorship)2021.9.29 wedQMS International S.A. sponsored Exchange Summit 2021 Wien (27-29/September/2021), with the old logo.Exchange Summit is an international conferencefor Peppol E-invoicing network. QMS international S.A. is planning tolaunch some products developed on Quadrans Blockchain as a service/trust layer,in parallel to Peppol layer, without any interference to the transmissionnetwork. This service/Trust layer can offer various functionalities,such as digital signature, time stamp and P2P mutual recognition, with possibleexpansion/link to other applications (such as traceability).
Due to the Corona pandemic, the summit heldhalf online half presence, however there were approx. 100 attendees in thecongress hall.
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(Atsuya Sugawara) QMS International is now a member of EIPA (E-Invoice Promotion Association in Japan). What does the Digital Agency expect from overseas companies like QMS International as a member of EIPA?
(Hiroyuki Kato) EIPA is a private organization initially established by 10 accounting Japanese software and ERP vendors. It is an important partner for us. The number of membership requests has been increasing so rapidly. However, most of these requests still come from Japanese businesses. I am personally concerned about it, because it is essential for Japanese members to be aware of the latest global e-invoice trends. I am sure that QMS International will blow a new wind towards EIPA members by giving your competence as a European solution provider.
(AS) In fact, the center of the e-invoice discussion is in Europe, including Peppol. However, it is not enough for overseas companies to start business in Japan only with the knowledge of the European standards. It is quite important even for overseas companies to correctly understand Japan country specification. Could you explain its basic idea and concept?
(HK) First, you need to understand that, in Japan, “E-Invoice” means “B2B Tax Compliant E-invoice”. In this context, “Tax” is “Japanese Consumption Tax”.After implementing the “Qualified Invoice Based method” for input tax credit purpose, the Japanese Consumption Tax will be almost the same as EU VAT even though there are some differences when examined in detail.Therefore, I am sure that the basic idea and concepts of Japan country specification (in accordance with Japanese Consumption Tax law) cannot be so hard for overseas companies to understand.