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87d 18h ago
Georgia to Migrate Land Registry to Hedera for Real Estate Tokenization Using HBAR
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Georgian Ministry of Justice and Hedera have formalized their collaboration through a Memorandum of Understanding to assess moving the land registry onto a public blockchain and to explore real estate tokenization.
Officials indicate the initiative could involve migrating data from the national public registry to a distributed ledger, aiming to boost property rights protection, enhance process transparency, and strengthen data integrity.
As reported on December 3 by Cointelegraph, the agreement signals a growing focus on blockchain technology in public records, with potential implications for regulatory compliance and the governance of digital assets.
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