The Ministry of Justice of Georgia has signed a memorandum of cooperation with Hedera, one of the leading platforms in the global blockchain ecosystem, paving the way for the introduction of advanced digital technologies in the public sector.

During a meeting between the Minister of Justice of Georgia, Paata Salia, and representatives of Hedera, the parties discussed future avenues of cooperation, including the potential transfer of data from the National Agency of Public Registry to the blockchain network. This step aims to further strengthen the protection of property rights while enhancing transparency and the overall reliability of public services.

Hedera representatives were also briefed on the “smart contract” service implemented by the National Agency of Public Registry, as well as its development prospects. In this context, one of the key areas of interest is the tokenization of real estate, which would convert physical assets into digital units.

To move forward with the integration of these advanced technologies, the next phase involves the creation of joint working groups composed of experts from the Ministry of Justice and the National Agency of Public Registry. These groups will help transition the collaboration with Hedera into an active, operational stage.