Georgia: Authorities Use Blockchain Technology for Developing Land Registry

The chairman of Georgia’s National Agency of Public Registry, Mr. Papuna Ugrekhelidze, signs a new memorandum of understanding with the CEO of the BitFury Group, Mr. Valery Vavilov, in February 2017 to continue developing a system based on blockchain technology. In addition to registering land ownership, the system intends to handle property transactions, mortgages, demolitions and notary services. (Photo: NAPR)

In a bid to bolster property rights, Georgia is pioneering a new system for registering land titles and property transactions, using the same type of blockchain technology that underpins the virtual currency Bitcoin.
 

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Inge Snip writes about (social) innovation, startups, and grassroots movements. She hails from the Netherlands, but has lived in Tbilisi on and off since 2007.

Georgia: Authorities Use Blockchain Technology for Developing Land Registry

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