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Topic: Why goverments have to use blockchain and first step from Georgia and Bitfury (Read 491 times)

hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
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.
hero member
Activity: 644
Merit: 500
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
legendary
Activity: 1442
Merit: 1016
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.


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
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.
hero member
Activity: 3164
Merit: 937
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. 
hero member
Activity: 700
Merit: 500
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.
legendary
Activity: 1330
Merit: 1007
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.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
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?
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