The first personal loan for mainland residents of Hong Kong verified through blockchain technology credit data was issued in Shenzhen

ChainCatcher news, relying on the Hong Kong resident mainland consumption loan recently issued in Shenzhen through the Hong Kong-Shenzhen cross-border data verification platform. This pilot project innovatively applies blockchain technology to achieve efficient verification of Hong Kong residents' credit data with full authorization from the information subjects, effectively solving the cross-border financing difficulties faced by Hong Kong residents due to the blank credit history in the mainland. Three Hong Kong youths employed in Shenzhen have become the first beneficiaries.