BitFury will develop the platform for the National Agency of Public Registry (NAPR), an office of the Ministry of Justice of Georgia. Renowned Peruvian Economist Hernando DeSoto announced on Friday he would assist in the development of the platform.
The pilot project will use a transparent and secure ledger for managing land titles.
Thanks to this possibility, the ability to purchase and sell property will become more flexible and stimulate the country’s economy. Furthermore, the project will boost land ownership transparency and reduce fraud.
NAPR and BitFury signed a Memorandum to launch the pilot project after meeting in Tbilisi, capital of Georgia.
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