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Georgia signed a memorandum of understanding with Hedera to modernize public registries and test real-estate tokenization. The Ministry of Justice said the deal frames work on moving parts of the national land registry on-chain and building smart-contract tools for property deals. Working groups from the ministry and the National Agency of Public Registry will lead the next phase.
In a Georgian-language note, the Ministry of Justice publish statement describing talks led by Justice Minister Paata Salia and Hedera representatives. The plan includes assessing how NAPR datasets could be mirrored on a blockchain to boost security and auditability, and extending its existing “smart contract” service toward tokenized titles.
English coverage by Cointelegraph detail coverage adds that the MoU is non-binding and focuses on feasibility. Georgia was an early mover in 2017 when it used the Bitcoin blockchain to verify over 100,000 property records; the new effort revives that path with a broader real-world-asset scope.
“Transferring registry data to a blockchain would ensure stronger property rights, transparency and reliability,” said the Ministry of Justice of Georgia, in its official statement.
Analysts also report development as part of a wider push to digitize land markets, citing live pilots in Dubai. For Georgia, the key tests will be legal rules, data migration, and citizen access. If the pilot works, tokenized real-estate units could be issued under clear registry checks, creating faster deals and broader investor reach.
