Why goverments have to use blockchain and first step from Georgia and Bitfury

shield132

hero member

Activity: 2352

Merit: 905

Quote from: ArdiPrabowo on February 13, 2017, 05:56:40 AM

Quote from: shield132 on February 12, 2017, 05:08:00 AM

On Tuesday, in Tbilisi, the government of Georgia signed an agreement to use the Bitcoin Blockchain to verify property transactions.
This is the first time a national government is using the Blockchain to safeguard and authenticate state operations, therefore ushering in a belief in the technology that has wrongfully been painted black.

What is your opinion? Does this means that more goverment will change their vision and will integrate with blockchain to safeguard and authenticate state operation?

is good news to bitcoin future
but in georgia bitcoin is not popular, bitcoin user in there is very low, and iam never hear about bitcoin exchanger from georgia

There is BitFury's largest data-center in Georgia, Tbilisi. Situation about bitcoins in georgia is very quite and there some banks offer us instant bitcoin buy/sell. People here are using bitcoins in internet and some people are seriosly interested in mining, yes it's small country and that's why you think so. Hope Georgia will be example for many big country.

ArdiPrabowo

hero member

Activity: 644

Merit: 500

Quote from: shield132 on February 12, 2017, 05:08:00 AM

On Tuesday, in Tbilisi, the government of Georgia signed an agreement to use the Bitcoin Blockchain to verify property transactions.
This is the first time a national government is using the Blockchain to safeguard and authenticate state operations, therefore ushering in a belief in the technology that has wrongfully been painted black.

What is your opinion? Does this means that more goverment will change their vision and will integrate with blockchain to safeguard and authenticate state operation?

is good news to bitcoin future
but in georgia bitcoin is not popular, bitcoin user in there is very low, and iam never hear about bitcoin exchanger from georgia

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: Seansky on February 13, 2017, 04:31:24 AM

I guess not that many government will switch to blockchain technology especially those who are not that advanced in technology yet since it will be a hassle especially to those countries that got slow internet speed. Maybe some will follow to Georgia's footsteps but only a counted few country will change to blockchain technology. Some will just do the same as they usually do.

I believe governments will switch to blockchain!At least all the big economical strong nations.
BUT it probably won't be an open permissionless one.
The govs will use closed, permissioned blockchains, only certain individuals wil have access to,just to speed up certain processes.
That the citizens will be able see in full transparency how governments are using their tax money for instance is never going to happen!
Politicians are the biggest criminals.In politics is no place for transparency and fairness.

Kemarit

legendary

Activity: 3080

Merit: 1353

Link: https://cointelegraph.com/news/georgia-becomes-first-country-to-register-property-on-blockchain

To summarized:

The Georgian National Agency of Public Registry and BitFury signed a memorandum of understanding paving the way to extend services to the registration of new land titles, demolition of property, mortgages, purchases and sales of land titles, rentals as well as notary services.
There are many other projects focusing on Blockchain land title services apart from the BitFury and Republic of Georgia drive.

The government of Georgia simply recognized Blockchain technology
and taking advantages of it. But I believe this will be a private kind
of Blockchain that only Georgia government can access.

Edit: Here's the thread: https://bitcointalksearch.org/topic/m.17826227

Seansky

hero member

Activity: 560

Merit: 500

I guess not that many government will switch to blockchain technology especially those who are not that advanced in technology yet since it will be a hassle especially to those countries that got slow internet speed. Maybe some will follow to Georgia's footsteps but only a counted few country will change to blockchain technology. Some will just do the same as they usually do.

davis196

hero member

Activity: 3094

Merit: 929

Quote from: shield132 on February 12, 2017, 05:08:00 AM

On Tuesday, in Tbilisi, the government of Georgia signed an agreement to use the Bitcoin Blockchain to verify property transactions.
This is the first time a national government is using the Blockchain to safeguard and authenticate state operations, therefore ushering in a belief in the technology that has wrongfully been painted black.

What is your opinion? Does this means that more goverment will change their vision and will integrate with blockchain to safeguard and authenticate state operation?

Small countries will embrace the blockchain faster than the USA,China or the big EU countries.
This is good news,but i don`t think that it will have any impact for the mass bitcoin worldwide adoption.

PokerFace3

hero member

Activity: 700

Merit: 500

Quote from: shield132 on February 12, 2017, 05:08:00 AM

On Tuesday, in Tbilisi, the government of Georgia signed an agreement to use the Bitcoin Blockchain to verify property transactions.
This is the first time a national government is using the Blockchain to safeguard and authenticate state operations, therefore ushering in a belief in the technology that has wrongfully been painted black.

What is your opinion? Does this means that more goverment will change their vision and will integrate with blockchain to safeguard and authenticate state operation?

Any URL for this to read more on this historic event ?

Blockchain technology has been evaluating everywhere and lots companies has already started researches on blockchain technology. Hence it is highly expected some government also will come forward adopting this interesting technology. Definitely this will help promoting bitcoins to common man.

Gromozeka!

legendary

Activity: 1330

Merit: 1007

Quote from: shield132 on February 12, 2017, 05:08:00 AM

On Tuesday, in Tbilisi, the government of Georgia signed an agreement to use the Bitcoin Blockchain to verify property transactions.
This is the first time a national government is using the Blockchain to safeguard and authenticate state operations, therefore ushering in a belief in the technology that has wrongfully been painted black.

What is your opinion? Does this means that more goverment will change their vision and will integrate with blockchain to safeguard and authenticate state operation?

There is not so simple, the idea for the use of real estate blochain gave the former prime minister of the country, but now he will rent their server for this program. Here is more the idea of earning a government program.

shield132

hero member

Activity: 2352

Merit: 905

On Tuesday, in Tbilisi, the government of Georgia signed an agreement to use the Bitcoin Blockchain to verify property transactions.
This is the first time a national government is using the Blockchain to safeguard and authenticate state operations, therefore ushering in a belief in the technology that has wrongfully been painted black.

What is your opinion? Does this means that more goverment will change their vision and will integrate with blockchain to safeguard and authenticate state operation?

Topic: Why goverments have to use blockchain and first step from Georgia and Bitfury (Read 487 times)