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- Georgia partners with Hedera to explore blockchain-based upgrades that strengthen transparency and modernize public registry operations across the country.
- The collaboration includes potential asset tokenization and smart-contract services aimed at streamlining property transactions and expanding secure digital access for citizens.
Georgia has officially partnered with Hedera to embark on a major plan to modernize its public registry system. The government aims to migrate its asset and legal document registration services to blockchain infrastructure to significantly improve verification processes, data security, and public access compared to the current traditional model.
How Hedera Strengthens Georgia’s Push for Digital Public Services
This newly announced collaboration involves the Ministry of Justice of Georgia and Hedera in a Memorandum of Understanding (MoU) that paves the way for the use of distributed ledger technology for the National Agency of Public Registry (NAPR). They are now evaluating options for migrating data to blockchain infrastructure to strengthen property rights protection.
Furthermore, the agency is also exploring the use of real estate tokenization and the use of smart contracts for property transactions.
NAPR has been exploring this approach since 2016, when it adopted a private blockchain-based system that links certain data to a public network so citizens can verify the authenticity of documents. This approach has earned Georgia a reputation as one of the most efficient property registration processes in the world. Now, the plans developed with Hedera appear much broader, especially as the available technology has advanced significantly.
On the other hand, this modernization also addresses the needs of the Georgian diaspora who want to manage assets from abroad. Their smart contract-based digital services now allow buying and selling or mortgage transactions to be completed in tens of minutes using AI-based electronic identification. With this new partnership, the government hopes to make its system more stable, secure, and responsive to the changing needs of the community.
A few days ago, we reported on the Hedera and cSigma partnership, which positions blockchain as a global economic tool that benefits stablecoin holders. cSigma chose Hedera because of its strong RWA utility, cost predictability, legal recourse mechanism, and unified access.
Furthermore, last week we also highlighted Hedera’s collaboration with Axelar, which opens access across over 60 blockchains through the Interchain Amplifier. This integration strengthens Hedera’s institutional DeFi potential by allowing liquidity to flow more freely across multiple networks.
As of press time, HBAR is changing hands at about $0.132, down 1.58% over the last 24 hours and 11.24% over the last 7 days.
