Republic of Georgia Signs MoU with Hedera to Tokenize National Land Registry
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Georgia engages Hedera for a national public registry overhaul, focusing on tokenization of real estate assets. The MoU aims to enhance digital governance and attract global tech partners, building on prior blockchain pilots.
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- Georgia accelerates digital governance by moving property systems toward Hedera.
- Tokenized real estate emerges as a core pillar of Georgia’s competitiveness strategy.
- Earlier Bitcoin and Ripple pilots laid groundwork for wider public-sector blockchain use.
The Ministry of Justice of Georgia has formally engaged the Hedera network to overhaul its national public registry, marking a strategic evolution in the country’s decade-long experiment with blockchain governance.
The Memorandum of Understanding (MoU), signed this week, tasks Hedera with developing an on-chain infrastructure capable of supporting not just record-keeping, but the active tokenization of real estate assets.
The initiative aims to improve the country’s digital governance. It also supports Georgia’s longer push to strengthen transparency and attract global technology partners.
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