Bitfury Project in Georgia

The Bitfury Group ( leading full service Blockchain technology company and one of the largest private infrastructure providers in the Blockchain ecosystem) and the Republic of Georgia have partnered to advance transparency by developing a system for registering land titles using the Blockchain for the National Agency of Public Registry.

The Georgia pilot project marks the first time a national government used the Bitcoin Blockchain to record land titles. The project has significantly improved the government’s efficiency and helped restore public trust in national agencies. As of 2018, a total of 1.5 million land titles in the Republic of Georgia were published on the Blockchain, which ensures the security and immutability of the data. In November 2017, Bitfury presented its findings from the Georgia Land-Titling Project to students at Harvard Business School.