Georgia explores onchain land registry using Hedera to boost property security. New MoU signals major shift toward blockchain powered government infrastructure. Officials plan expert groups to assess digital land records and tokenization. Georgia advanced its digital governance plans after officials confirmed a new partnership aimed at reshaping the country’s property registration system. The Ministry of Justice announced a fresh MoU with Hedera as part of wider efforts to study how public blockchain tools can support national services. According to the Ministry, Minister Paata Salia met a Hedera representative to review how the network could strengthen data protection and streamline processes within public institutions. Their discussion centered on the potential migration of land registry data from the National Agency of Public Registry to the blockchain. Besides this, officials said the move would help secure property rights and improve transparency across verification stages as Georgia evaluates new digital frameworks. Moreover, the Ministry noted that real estate tokenization is under review as the next step in expanding modernized asset services. Consequently, the MoU remains a nonbinding agreement that only initiates the evaluation phase. Joint working groups will now be formed with experts from the Ministry of Justice and the National Agency of Public Registry to explore technical and regulatory requirements. Also Read: Analyst: XRP Is in the Process of Driving Retail Investors Out Before the “Real Rally” Begins Georgia expands exploration of blockchain based public tools Georgia has shown steady interest in blockchain supported governance for several years. The government gained early experience in 2017 when it used the Bitcoin blockchain to validate property transactions and recorded more than 100000 entries onchain. Additionally, political groups and technology firms have continued promoting digital reforms. A partnership involving the United National Movement coalition and Rarilabs last year introduced new proposals for blockchain driven public administration, although only a few progressed within the ruling Georgian Dream party. Meanwhile, the financial sector has kept pace with these developments. According to previous updates from the National Bank of Georgia, acting governor Natia Turnava and Varlam Ebanoidze met Ripple executive James Wallis to evaluate collaboration opportunities for the country’s digital economy. Reports earlier confirmed that Ripple Labs had been selected to support Georgia’s limited access CBDC pilot. Georgia’s latest MoU with Hedera now places renewed focus on modernizing core government systems. The planned review of onchain land registry solutions signals another step in the country’s broader effort to strengthen secure and transparent public services. Also Read: PYUSD Surges As Cross Chain Access And New P2P Features Boost Market Demand The post Georgia Moves Toward Onchain Land Registry After New MoU With Hedera Network appeared first on 36Crypto. Georgia explores onchain land registry using Hedera to boost property security. New MoU signals major shift toward blockchain powered government infrastructure. Officials plan expert groups to assess digital land records and tokenization. Georgia advanced its digital governance plans after officials confirmed a new partnership aimed at reshaping the country’s property registration system. The Ministry of Justice announced a fresh MoU with Hedera as part of wider efforts to study how public blockchain tools can support national services. According to the Ministry, Minister Paata Salia met a Hedera representative to review how the network could strengthen data protection and streamline processes within public institutions. Their discussion centered on the potential migration of land registry data from the National Agency of Public Registry to the blockchain. Besides this, officials said the move would help secure property rights and improve transparency across verification stages as Georgia evaluates new digital frameworks. Moreover, the Ministry noted that real estate tokenization is under review as the next step in expanding modernized asset services. Consequently, the MoU remains a nonbinding agreement that only initiates the evaluation phase. Joint working groups will now be formed with experts from the Ministry of Justice and the National Agency of Public Registry to explore technical and regulatory requirements. Also Read: Analyst: XRP Is in the Process of Driving Retail Investors Out Before the “Real Rally” Begins Georgia expands exploration of blockchain based public tools Georgia has shown steady interest in blockchain supported governance for several years. The government gained early experience in 2017 when it used the Bitcoin blockchain to validate property transactions and recorded more than 100000 entries onchain. Additionally, political groups and technology firms have continued promoting digital reforms. A partnership involving the United National Movement coalition and Rarilabs last year introduced new proposals for blockchain driven public administration, although only a few progressed within the ruling Georgian Dream party. Meanwhile, the financial sector has kept pace with these developments. According to previous updates from the National Bank of Georgia, acting governor Natia Turnava and Varlam Ebanoidze met Ripple executive James Wallis to evaluate collaboration opportunities for the country’s digital economy. Reports earlier confirmed that Ripple Labs had been selected to support Georgia’s limited access CBDC pilot. Georgia’s latest MoU with Hedera now places renewed focus on modernizing core government systems. The planned review of onchain land registry solutions signals another step in the country’s broader effort to strengthen secure and transparent public services. Also Read: PYUSD Surges As Cross Chain Access And New P2P Features Boost Market Demand The post Georgia Moves Toward Onchain Land Registry After New MoU With Hedera Network appeared first on 36Crypto.

Georgia Moves Toward Onchain Land Registry After New MoU With Hedera Network

  • Georgia explores onchain land registry using Hedera to boost property security.
  • New MoU signals major shift toward blockchain powered government infrastructure.
  • Officials plan expert groups to assess digital land records and tokenization.

Georgia advanced its digital governance plans after officials confirmed a new partnership aimed at reshaping the country’s property registration system. The Ministry of Justice announced a fresh MoU with Hedera as part of wider efforts to study how public blockchain tools can support national services.


According to the Ministry, Minister Paata Salia met a Hedera representative to review how the network could strengthen data protection and streamline processes within public institutions. Their discussion centered on the potential migration of land registry data from the National Agency of Public Registry to the blockchain.


Besides this, officials said the move would help secure property rights and improve transparency across verification stages as Georgia evaluates new digital frameworks. Moreover, the Ministry noted that real estate tokenization is under review as the next step in expanding modernized asset services.


Consequently, the MoU remains a nonbinding agreement that only initiates the evaluation phase. Joint working groups will now be formed with experts from the Ministry of Justice and the National Agency of Public Registry to explore technical and regulatory requirements.


Also Read: Analyst: XRP Is in the Process of Driving Retail Investors Out Before the “Real Rally” Begins


Georgia expands exploration of blockchain based public tools

Georgia has shown steady interest in blockchain supported governance for several years. The government gained early experience in 2017 when it used the Bitcoin blockchain to validate property transactions and recorded more than 100000 entries onchain.


Additionally, political groups and technology firms have continued promoting digital reforms. A partnership involving the United National Movement coalition and Rarilabs last year introduced new proposals for blockchain driven public administration, although only a few progressed within the ruling Georgian Dream party.


Meanwhile, the financial sector has kept pace with these developments. According to previous updates from the National Bank of Georgia, acting governor Natia Turnava and Varlam Ebanoidze met Ripple executive James Wallis to evaluate collaboration opportunities for the country’s digital economy.


Reports earlier confirmed that Ripple Labs had been selected to support Georgia’s limited access CBDC pilot.


Georgia’s latest MoU with Hedera now places renewed focus on modernizing core government systems. The planned review of onchain land registry solutions signals another step in the country’s broader effort to strengthen secure and transparent public services.


Also Read: PYUSD Surges As Cross Chain Access And New P2P Features Boost Market Demand


The post Georgia Moves Toward Onchain Land Registry After New MoU With Hedera Network appeared first on 36Crypto.

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