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HomeCrypto NewsGeorgia eyes onchain property rights and tokenization with Hedera partnership

Georgia eyes onchain property rights and tokenization with Hedera partnership

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“`json
{
“title”: “Georgia Partners with Hedera to Pioneer On-Chain Property Registry and Real Estate Tokenization”,
“content”: “The Republic of Georgia is advancing plans to integrate blockchain technology into its national infrastructure through a strategic partnership with the Hedera network. The initiative focuses on two transformative applications: migrating the nation’s public property registry to a distributed ledger and enabling the tokenization of real estate assets.\n\nThis collaboration aims to establish a government-operated, blockchain-integrated system designed to enhance transparency, security, and efficiency in property management. By placing the official registry on-chain, Georgia seeks to reduce administrative friction, minimize fraud risks, and provide immutable verification of ownership records. The parallel initiative to tokenize real estate could unlock new avenues for investment and liquidity, allowing property rights to be represented and traded as digital tokens on the Hedera network.\n\nThe move positions Georgia as a forward-looking adopter of distributed ledger technology for public sector innovation. It reflects a growing global trend where national governments are exploring blockchain solutions to modernize legacy systems, streamline bureaucratic processes, and create new economic frameworks for digital assets. The Hedera network’s enterprise-grade architecture, known for its high throughput and predictable fees, was selected to support these mission-critical governmental functions.”,
“tags”: [“blockchain government”, “real estate tokenization”, “Hedera network”, “property registry”, “digital assets”]
}
“`

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