1700 to authenticate the bank's Blue V account. Little Red acknowledges that there's a loophole.

According to information from IT House on 3 June, according to the China Securities Journal, journalists have discovered that on the idle fish platform, a small red book certification business professional (because its name is followed by a blue V sign, also known as "Blue V Account") is in business.

After a communication and payment of $1700 to the other party, a idle fish seller upgraded the personal red book account provided by the journalist to the business professional number, certifying the subject as a Beijing branch of a joint-stock bank (hereinafter referred to as “a bank”).

The IT House learned from the report that blue V certification requires submission of information such as a business licence scan and verification through, for example, the face recognition of the relevant legal representative or a public call.

However, one bank indicated that it had no knowledge of the matter. The branch has never cooperated with a idle fish seller in the certification of a professional name for the enterprise, in which the seller used false information and there was a clear problem with the certification of public calls.

In response, the Small Red Book Platform acknowledged that several months earlier it had made a product upgrade of the Enterprise Professionals, and that some accounts had been identified with a bug in the certification of public moneys, which had resulted in a loophole being drilled by black ash.

The Small Red Book Platform indicated that the teams concerned had begun to make a special mapping of the issues mentioned in the report, conduct a secondary validation of the existing stock of Blue V accounts, prioritize the disposal of accounts whose actual operational content did not match that of the certification body, and that the governance results would be published in the future.

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