The Government of British Columbia has announced the creation of OrgBook BC, a new service aimed at smoothing the sharing of verifiable business information online.
Designed to help reduce paperwork, OrgBook BC allows businesses to digitally share trusted information with government, suppliers, banks and other partners, significantly improving their efficiency.
A Convenient Reference Tool
British Columbians can now use OrgBook BC to easily source information from BC Registry Services to verify a business is legally incorporated and in good standing. As the service evolves, users will be able to learn more about the companies they do business with, from restaurants to investment brokerages, via a quick and easy online search. Over 525,000 legal entities are included in the BC Registry Services database and are now available to view on OrgBook BC.
“OrgBook BC has unlimited potential to improve the way companies interact with the Province, whether they are a small, family-owned business or a large credit union,” said Jinny Sims, Minister of Citizens’ Services. “We’re bringing new partners onto OrgBook BC and expanding its capabilities, as well as growing our digital footprint, to help our job creators spend less time on paperwork and more time growing their companies.”
Harnessing Blockchain Technology
OrgBook BC harnesses the powerful possibilities available through using blockchain technology. This ensures information on the site cannot be altered meaning British Columbians and business owners know information is up to date and issued by the government. Our province is the first province/state in North America to use blockchain technology to enable safe and efficient interactions between government agencies and businesses.
“We have been a champion of small businesses for nearly 50 years and one of the top concerns from our members is red tape when complying with government paperwork,” said Richard Truscott, vice-president, B.C. and Alberta, Canadian Federation of Independent Business. “B.C. entrepreneurs will appreciate the simplicity OrgBook BC has to offer and any time and effort it will save.”