According to TechFlame, mainland consumer loans for Hong Kong residents, which rely on the Shenzhen-Hong Kong cross-border data verification platform, were recently issued in Shenzhen. Through the innovative application of blockchain technology, the pilot realized efficient verification of Hong Kong residents' credit data under the premise of full authorization from the information subject, and effectively solved the cross-border financing problems of Hong Kong residents caused by gaps in mainland credit information. Three young Hong Kong people employed in Shenzhen became the first beneficiaries.