TLDR:
- Georgia signs an MoU with Hedera to assess blockchain systems for land registry modernization.
- The National Agency of Public Registry reviews blockchain migration options for property data.
- Real estate tokenization emerges as a core focus within Georgia’s digital services roadmap.
- Working groups will guide technical tests and push cooperation between Georgia and Hedera.
Georgia has taken a concrete step toward modernizing its public-sector infrastructure through blockchain. The Ministry of Justice signed a new memorandum of understanding with Hedera to explore digital systems for government services.
The agreement focuses on land registry modernization and potential use of tokenized real estate. It marks an early move toward integrating on-chain tools into national recordkeeping.
Georgia Explores Blockchain Land Registry With Hedera
The Ministry of Justice detailed the agreement in an official release. The document outlines cooperation between Minister Paata Salia and Hedera representatives, who reviewed possible ways to shift land records onto the network.
Moreover, the agency plans to assess data migration from the National Agency of Public Registry to a blockchain system. The goal is to improve property rights protection, increase transparency, and support reliable verification processes.
The release also noted ongoing work around the agency’s Smart Contract service. Officials explained that the tool could evolve alongside broader digital registry upgrades.
One major focus is real estate tokenization, which converts ownership of physical assets into electronic units recorded on-chain. That approach would streamline future transfers and allow verifiable digital records.
The partnership will move into an operational phase through upcoming working groups. The Ministry of Justice will assemble specialists together with the National Agency of Public Registry.
According to the release, these teams will guide technical assessments and outline the next steps for integrating Hedera systems. The process signals a structured shift toward blockchain use in government workflows.
Hedera Engagement Signals Larger Digital Push
Hedera representatives held initial strategy discussions during the meeting.
Those sessions covered technical requirements for potential data transfers and checks needed before large-scale implementation. The platform’s role will center on evaluating system compatibility and supporting tests that may follow. These efforts form the foundation for deeper cooperation between the parties.
Georgia sees distributed systems as a way to remove friction from registry processes. Public data stored on-chain provides stronger verification than legacy databases.
The ministry aims to support a long-term digital transformation of its real estate systems. Each step must follow set procedures, according to the release, ensuring records remain trustworthy during any transition.
Tokenization remains one of the most notable components of the roadmap.
Converting land ownership into electronic units could create faster workflows and reduce disputes tied to documentation. It also introduces new methods for managing and securing legal records. The working groups will examine these use cases as part of their broader evaluation.
Officials expect active coordination with Hedera as testing begins. The agreement establishes a clear framework for ongoing communication and phased reviews.
Georgia’s approach signals a measured shift toward blockchain while relying on structured oversight. The release shows the government’s goal of integrating new tools without disrupting essential registry services.
The post Hedera Enters Georgia’s Land Registry Modernization Plan appeared first on Blockonomi.
Source: https://blockonomi.com/hedera-enters-georgias-land-registry-modernization-plan/