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Georgia to Store Real Estate Documents in Blockchain System

Georgia to Store Real Estate Documents in Blockchain System

Georgian will introduce the blockchain system in 2017 to enable citizens receive real estate extracts from there, Minister of Justice Tea Tsulukiani told the Business Contract.

Georgia has attained full technical compatibility to join the Blockchain system, she said.

“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 system. We will provide detailed information for our citizens. The main thing is that we have attained technical compatibility. As a result, Georgia will be one of the first countries in our regions and western Europe to establish this technology”, Tea Tsulukiani said.