Artificial Intelligence

How we created the future of Norwegian crypto tax reporting – Blokkskatt case study

Author

Posted:

Tags :

fintech,Full-stack development:,Cryptocurrencies

Only 15% of cryptocurrency owners in Norway follow tax legislation. Our task was to change this situation.

Project Overview

Client Blokkskat
Project: Crypto tax reporting platform
Market size: Over 500,000 potential users in Norway
Status: Initial version live, pilot users active

The Challenge: Norway's Crypto Tax Problem

Cryptocurrency popularity in Norway is growing rapidly, but tax compliance is lagging behind. The severity of the situation is illustrated by one striking statistic: only 3 out of 20 people fulfill their crypto tax obligations correctly..

Main problems the market experienced:

  • Fragmented solutions: Users had to navigate between multiple different platforms
  • Complex regulations: Norwegian tax legislation regarding cryptocurrencies is specific and complicated
  • Time-consuming process: Manual reporting could take days or weeks
  • Errors and risks: Manual processing led to mistakes and compliance risks

Our Solution: Full-stack Development for Blokkskatt

Based on the client's vision and market need, we created a comprehensive web application that makes crypto tax reporting simple and accurate.

Technical solutions:

Frontend development:

  • User-friendly interface that guides the user through the entire process
  • Responsive design for all devices
  • Intuitive navigation for complex data

Backend architecture:

  • Strong database management for thousands of transactions
  • Automatic integration with 30+ exchanges and wallets
  • Real-time calculations according to Norwegian tax laws

Integrations:

  • Direct connection to major cryptocurrency exchanges
  • Automatic data import and processing
  • Generation of reports compatible with Skatteetaten

Results and Impact

Pilot user feedback:

The initial version is already implemented and pilot users are giving positive feedback:

  • Time savings: Users can now process over 2,300 transactions in under 20 minutes
  • Accuracy: Automatic processing has significantly reduced errors from manual input
  • User convenience: A complex process has become simple step-by-step guidance

Market position strengthening:

Blokkskatt is now positioned as a leader in Norway's crypto tax sector, especially considering:

  • CARF/DAC8 regulations coming into force 2026-2027
  • Growing pressure for tax compliance
  • Market of over 500,000 potential users

Project Specifics and Challenges

Norwegian specificity:

Each country's tax legislation regarding cryptocurrencies is different. Our task was to understand and implement Norway's specific requirements:

  • Different tax rates depending on transaction type
  • Specific reporting requirements
  • Integration with national tax authority systems

Scalability:

The platform had to be ready for high user volume, as the market is characterized by a large gap between demand and supply.

What This Means for AIVeeb

This project demonstrates our capabilities:

  1. Deep market understanding: We can identify real problems and create technical solutions for them
  2. Full-stack development: Our team can provide complete technical solutions
  3. Niche market expertise: We specialize in complex, regulated sectors
  4. Fast time-to-market: The project reached pilot phase quickly and efficiently

Next Steps

Blokkskatt is now ready to expand its user base and the platform is prepared to add additional functionalities. The project demonstrates how the right technological approach can change entire market dynamics.


Does your company need a specialized digital solution?

Our experience with the Blokkskatt project shows that with the right technical solutions, even the most complex processes can be made user-friendly. Let's discuss how we can help bring your business idea to life.

Do you have a project in mind?

ARCHITECTS OF YOUR DIGITAL SUCCESS

Contact

Info@aiveeb.ee

Tallinn, Eesti

Zenex Innovations OÜ

en_USEN_US
Scroll to Top