Haidian District, Beijing applies blockchain technology to administrative review and approval

According to the Beijing Daily, on the basis of realizing all 1621 district-level government service matters using blockchain technology for material verification, Haidian District is one step ahead of the country, applying blockchain technology to the administrative approval process. As of April 14, 40 application scenarios including Zhongguancun High-tech Enterprise Certification have been implemented. The average reduction of the materials submitted by the clerks is more than 40%, the time limit is 17.5 working days, and the reduction rate is more than 55%.