About us

Transparent on execution, private on data

Markets and governments require information to operate and to allocate resources in a just way. A business wants to know whether or not they are dealing with a legal organization. A Government wants to know whether everyone has paid their taxes correctly. And citizens want to know whether their taxes were established and used in a fair way.


The flow of information offers benefits for society. However, it is not in everyone’s individual best interest to share and acquire information. Sometimes the lack of sharing information  enables criminal organizations to steal billions through fraud. By leveraging cryptography, new opportunities open up which allows individuals to share their information.


Companies will soon be able to signal information about their transactions, without revealing unnecessary details to governmental authorities. This allows for a massive reduction in fraud, and countless new business opportunities. Sending information privately is the core of our company, and it is what “summitto” means.


In order to achieve this vision, we are committed to both make use of and foster the open-source movement. Only the best open standards will allow this to become a reality.


Apart from technical know-how, our team has extended experience with tax law. Law and technology is not often combined, and it is this combination which makes all the difference.

"In the future, all public services will use blockchain technology. Blockchain is a great opportunity for Europe and Member States to rethink their information systems, to promote user trust and the protection of personal data, to help create new business opportunities and to establish new areas of leadership, benefiting citizens, public services and companies."

Commissioner Mariya Gabriel for Digital Economy and Society

"In the future, all public services will use blockchain technology. Blockchain is a great opportunity for Europe and Member States to rethink their information systems, to promote user trust and the protection of personal data, to help create new business opportunities and to establish new areas of leadership, benefiting citizens, public services and companies."

Commissioner Mariya Gabriel for Digital Economy and Society

Resources

Resources

The solution to VAT fraud lies in the intersection of many complex topics. Furthermore, both VAT and blockchain are rapidly moving targets. For the interested reader, we highlight a selection of important articles and resources for further learning.

1

Blockchain

The Bitcoin white paper remains a great introduction to blockchain.

The Bitcoin

white paper remains a great introduction to blockchain.

Blockchain

The Bitcoin white paper remains a great introduction to blockchain.

2

Carousel Fraud

Watch a great explainer video on carousel fraud.

Carousel Fraud

Watch a great explainer video on carousel fraud.

3

Summitto in the News

We are featured in Het Financieele Dagblad!

Summitto in the News

We are featured in Het Financieele Dagblad!

4

Summitto in the News

Learn more about EU's take on taxation!

Summitto in the News

Learn more about EU's take on taxation!

5

Triple Entry Accounting

In 2005 Ian Grigg already predicted the future of invoicing.

Triple Entry Accounting

In 2005 Ian Grigg already predicted the future of invoicing.

Triple Entry Accounting

In 2005 Ian Grigg already predicted the future of invoicing.

6

Triple Entry Accounting

Our innovation has also been a frequent topic in the cryptocurrency community.

Triple Entry Accounting

Our innovation has also been a frequent topic in the cryptocurrency community.

Triple Entry Accounting

Our innovation has also been a frequent topic in the cryptocurrency community.

What we stand for

What we stand for

What we stand for

This is our DNA

In order to execute our extraordinary fraud prevention mechanism, we are building an extraordinary company. Our values ensure that we achieve our goal to eliminate the VAT Gap.

This is our DNA

In order to execute our extraordinary fraud prevention mechanism, we are building an extraordinary company. Our values ensure that we achieve our goal to eliminate the VAT Gap.

Transparent on execution, private on data

Transparent on execution, private on dat private on data 

Transparent on execution, private on dat private on data 

Transparency has many benefits, if implemented the right way. By being transparent on how data is used, we allow central authorities to become accountable without requiring companies to reveal the underlying data.

 Transparency has many benefits, if implemented the right way. By being transparent on how data is used, we allow central authorities to become accountable without requiring companies to reveal the underlying data.

 Transparency has many benefits, if implemented the right way. By being transparent on how data is used, we allow central authorities to become accountable without requiring companies to reveal the underlying data.

Privacy by design 

Privacy by design 

Privacy by design 

 the only way to build a truly secure and private system, is by taking this into account from day one. In this way, we are radically different from other registration solutions. 

the only way to build a truly secure and private system, is by taking this into account from day one. In this way, we are radically different from other registration solutions.

the only way to build a truly secure and private system, is by taking this into account from day one. In this way, we are radically different from other registration solutions.

We love technology 

We love technology 

We love technology 

technology makes it possible to overcome certain boundaries, certain dilemmas. Technology is our extended mind, as futurist Jason Silva often says.

Technology makes it possible to overcome certain boundaries, certain dilemmas. Technology is our extended mind, as the famous Jason Silva often says.

Technology makes it possible to overcome certain boundaries, certain dilemmas. Technology is our extended mind, as the famous Jason Silva often says.

Seek engineering maturity 

Stability is key 

Stability is key 

We set goals for ourselves, don’t shy away from estimates, and objectively assess success.

We’re a mission-driven team that obsesses over our impact - on taxpayers, tax administrations, on teammates with an attention to detail. We keep our cool and make use of every measure possible to make our service reliable.

We’re a mission-driven team that obsesses over our impact - on taxpayers, tax administrations, on teammates with an attention to detail. We keep our cool and make use of every measure possible to make our service reliable.

Embrace accountability 

Stability is key 

Stability is key 

Even with the risks involved of building high-load software, we don’t shy away from holding ourselves accountable at every stage.

We’re a mission-driven team that obsesses over our impact - on taxpayers, tax administrations, on teammates with an attention to detail. We keep our cool and make use of every measure possible to make our service reliable.

We’re a mission-driven team that obsesses over our impact - on taxpayers, tax administrations, on teammates with an attention to detail. We keep our cool and make use of every measure possible to make our service reliable.

dna-5

Be open 

Be open 

Be open 

We’re part of a broader engineering community that cares about us. We blog, open source useful frameworks, give talks, and share what we build beyond our walls.

We’re part of a broader engineering community that cares about us. We blog, open source useful frameworks, give talks, and share what we build beyond our walls.

We’re part of a broader engineering community that cares about us. We blog, open source useful frameworks, give talks, and share what we build beyond our walls.

Relate and respect 

Relate and respect 

Relate and respect 

We respect each other, trust each other to deliver, humbly challenge each other to improve, and help one another. And we extend this same respect and empathy to our users. We combine the head and the heart.

We respect each other, trust each other to deliver, humbly challenge each other to improve, and help one another. And we extend this same respect and empathy to our users. We combine the head and the heart.

We respect each other, trust each other to deliver, humbly challenge each other to improve, and help one another. And we extend this same respect and empathy to our users. We combine the head and the heart.

Have conviction

Have conviction

Have conviction

We don’t compromise our values when moving forward. If it’s worth fighting for, share it. But also listen, seek conflicting opinions, and flex in the face of new info.

We don’t compromise our values when moving forward. If it’s worth fighting for, share it. But also listen, seek conflicting opinions, and flex in the face of new info.

We don’t compromise our values when moving forward. If it’s worth fighting for, share it. But also listen, seek conflicting opinions, and flex in the face of new info.

Stability is key

Seek engineering maturity

Seek engineering maturity

We’re a mission-driven team with an attention to detail that obsesses over our impact - on taxpayers, tax administrations, and on teammates. We keep our cool and make use of every measure possible to make our service reliable.

We set goals for ourselves, don’t shy away from estimates, and objectively assess success. At all stages, we don’t shy away from holding ourselves accountable.

We set goals for ourselves, don’t shy away from estimates, and objectively assess success. At all stages, we don’t shy away from holding ourselves accountable.

Focus on the big picture

Seek engineering maturity

Seek engineering maturity

Everything we build is in service of the positive impact we can make on society.

We set goals for ourselves, don’t shy away from estimates, and objectively assess success. At all stages, we don’t shy away from holding ourselves accountable.

We set goals for ourselves, don’t shy away from estimates, and objectively assess success. At all stages, we don’t shy away from holding ourselves accountable.

dna-3

Transparent on execution, private on data

Transparency has many benefits, if implemented the right way. By being transparent on how data is used, we allow central authorities to become accountable without requiring companies to reveal the underlying data.

 

Privacy by design

the only way to build a truly secure and private system, is by taking this into account from day one. In this way, we are radically different from other registration solutions.

 

We love technology

Technology makes it possible to overcome certain boundaries, certain dilemmas. Technology is our extended mind, as futurist Jason Silva often says.

 

Stability is key

We’re a mission-driven team with an attention to detail that obsesses over our impact - on taxpayers, tax administrations, and on teammates. We keep our cool and make use of every measure possible to make our service reliable.

 

Be open

We’re part of a broader engineering community that cares about us. We blog, open source useful frameworks, give talks, and share what we build beyond our walls.

 

Relate and respect

We respect each other, trust each other to deliver, humbly challenge each other to improve, and help one another. And we extend this same respect and empathy to our users. We combine the head and the heart.

 

Have conviction

We don’t compromise our values when moving forward. If it’s worth fighting for, share it. But also listen, seek conflicting opinions, and flex in the face of new info.

 

Seek engineering maturity

We set goals for ourselves, don’t shy away from estimates, and objectively assess success.

 

Embrace accountability

Even with the risks involved of building high-load software, we don’t shy away from holding ourselves accountable at every stage.

 

Focus on the big picture

Everything we build is in service of the positive impact we can make on society.

Transparent on execution, private on dat private on data

Transparency has many benefits, if implemented the right way. By being transparent on how data is used, we allow central authorities to become accountable without requiring companies to reveal the underlying data.

 

Privacy by design

the only way to build a truly secure and private system, is by taking this into account from day one. In this way, we are radically different from other registration solutions.

 

We love technology

Transparency has many benefits, if implemented the right way. By being transparent on how data is used, we allow central authorities to become accountable without requiring companies to reveal the underlying data.

 

Stability is key

the only way to build a truly secure and private system, is by taking this into account from day one. In this way, we are radically different from other registration solutions.

 

Be open

We’re part of a broader engineering community that cares about us. We blog, open source useful frameworks, give talks, and share what we build beyond our walls.

 

Relate and respect

We respect each other, trust each other to deliver, humbly challenge each other to improve, and help one another. And we extend this same respect and empathy to our users. We combine the head and the heart.

 

Have conviction

We don’t compromise our values when moving forward. If it’s worth fighting for, share it. But also listen, seek conflicting opinions, and flex in the face of new info.

 

Seek engineering maturity

We set goals for ourselves, don’t shy away from estimates, and objectively assess success.

 

Embrace accountability

Even with the risks involved of building high-load software, we don’t shy away from holding ourselves accountable at every stage.

 

Focus on the big picture

Everything we build is in service of the positive impact we can make on society.

Transparent on execution, private on data

Transparency has many benefits, if implemented the right way. By being transparent on how data is used, we allow central authorities to become accountable without requiring companies to reveal the underlying data.

 

Privacy by design

the only way to build a truly secure and private system, is by taking this into account from day one. In this way, we are radically different from other registration solutions.

 

We love technology

Technology makes it possible to overcome certain boundaries, certain dilemmas. Technology is our extended mind, as futurist Jason Silva often says.

 

Stability is key

We’re a mission-driven team with an attention to detail that obsesses over our impact - on taxpayers, tax administrations, and on teammates. We keep our cool and make use of every measure possible to make our service reliable.

 

Be open

We’re part of a broader engineering community that cares about us. We blog, open source useful frameworks, give talks, and share what we build beyond our walls.

 

Relate and respect

We respect each other, trust each other to deliver, humbly challenge each other to improve, and help one another. And we extend this same respect and empathy to our users. We combine the head and the heart.

 

Have conviction

We don’t compromise our values when moving forward. If it’s worth fighting for, share it. But also listen, seek conflicting opinions, and flex in the face of new info.

 

Seek engineering maturity

We set goals for ourselves, don’t shy away from estimates, and objectively assess success.

 

Embrace accountability

Even with the risks involved of building high-load software, we don’t shy away from holding ourselves accountable at every stage.

 

Focus on the big picture

Everything we build is in service of the positive impact we can make on society.