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Tag Archives: Blockchain

Georgia to Use Blockchain in Public Sector on Wider Level

Prime Minister of Georgia, Mamuka Bakhtadze speaks about the necessity of integrating blockchain in public services on a wider level.  National Agency of Public Registry of the Ministry of Justice of Georgia started using blockchain in its services in 2017. Next institution to present public services integrated with blockchain will …

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Cardano Blockchain Tbilisi to Take Place at Techno Park

On January 26th, Georgia’s inaugural Cardano Meetup will take place at the Tbilisi Techno Park, in beautiful Tbilisi. This event is organized and sponsored by the Ministry of Economy and Sustainable Development of Georgia and Georgia’s Innovation and Technology Agency. The event at the TechnoPark will feature some of the …

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Bitfury Group Announces Blockchain-Based Music Entertainment Division

The Bitfury Group today launched Bitfury Surround, a music entertainment division that will design blockchain solutions to address challenges faced by artists and other stakeholders in the music industry. Bitfury Surround’s first initiative will be to create an open-source music platform secured by the Bitcoin Blockchain. The open-source platform, named …

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Bitfury Completes 80 USD Million Private Placement

Expanded Support from Major Corporate and Financial Institutions Confirm Continued Strength of Top Blockchain Company. The Bitfury Group, the world’s leading full-service blockchain technology company, has closed an $80 million USD private placement with global institutional and corporate investors. The private placement was led by Korelya Capital, the European growth …

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World Banks Issues First Blockchain Bond Raising a $100 Million

The World Bank launched bond-i (blockchain operated new debt instrument), the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. The two-year bond raised A$110 million, marking the first time that investors have supported the World Bank’s development activities in a …

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Emercoin Blockchain Solution Delivers Secure, Accurate Education Credentials to Businesses

Emercoin announced the successful implementation of its open-source “Trusted Diploma” blockchain platform by the Tbilisi Business & Technology University (BTU), enabling businesses to verify the accuracy and authenticity of online education credentials. As blockchain grows beyond fintech to empower other industries with new levels of security and immutability, the unique …

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Apartment Sold With Bitcoin in Batumi

An apartment was sold for Bitcoin in Batumi. GeoLine company has assisted a Russian citizen to perform the transaction and find a required apartment. The company opened its office in Batumi a month ago. The company’s managing director in Georgia Diana Gudinenko told BM.Ge that the price of an apartment …

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PM: We will Apply Blockchain Technologies in Tax Administration

“All taxes, excluding VAT, will be based on BlockChain technology”, Prime Minister Mamuka Bakhtadze told the Parliament. The country has made progress in terms of introduction of innovative technologies in tax administration, however, the country comes behind such countries which efficiently apply digital technology in economy. “We should be oriented …

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A Crypto Mining Company Lists Shares on the London Stock Market

A new company that lets people mine cryptocurrencies through a subscription service has announced plans to list on the London Stock Exchange, a first for the exchange. Argo Blockchain said in a statement on Monday it hopes to raise £20 million in the listing and expects to be valued at …

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Georgian Blockchain Startup Receives $1m Investment from Silicon Valley

The first Georgian Blockchain startup won the best-real world blockchain application award and a $1 million investment from Silicon Valley at the Frontier Innovation Awards. Frontier Innovation Awards 2018: Blockchain centre on finding the blockchain idea of the year. Presented by Calfounders, the first award ceremony was held in San …

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The Future of Blockchain Technology in Georgia

Blockchain technologies are gaining momentum in Georgia. Only China and the USA surpass Georgia in currency mining. Despite this advantage, our society has a lot of questions about the nature of this technology. One part even associates it with financial pyramids. What is the real essence of blockchain Technology, and …

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