Republic of Georgia to Introduce Blockchain Platform for Real Estate Documents
The country of Georgia is set to introduce and implement a blockchain platform that will enable citizens to receive information about real estate digitally from documents stored on the distributed ledger. Announced last month by Georgia’s Minister of Justice Tea Tsulukiani, the blockchain platform will be put to use this year, in 2017. In quotes reported by regional publication CBW, the official added: Thanks to efforts of Public Registry, Georgia is ready to join this system. We suppose that in 2017, as the first step of insertion of documents, we will store real estate extracts in the....
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Several local publications including Caucasus Business Week revealed that the nation of Georgia is ready to utilize Blockchain technology to secure real estate documents. Tea Tsulukiani, Georgia’s Minister of Justice, announced that the government’s development and intelligence agencies have garnered the necessary technological expertise and talents to successfully use Blockchain for protecting properties of millions of its people. Tsulukiani stated: “Thanks to efforts of the Public Registry, Georgia is ready to join this system. We suppose that 2017 will be the first step of insertion of....
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