Harvard Business School follows Georgia’s example in using blockchain technology
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Harvard Business School is going to use Georgia’s experience of implanting blockchain technologies for its own purposes.
Harvard Business School will use the situation analysis of the Public Registry’s blockchain project in its educational programs.
Georgia is one of the first countries in the world which successfully introduced the blockchain technology into real estate registration transactions. This factor raised the interest of the leading business school. Using blockchain technology in real estate registration transactions is safer, accessible and transparent,” read the press release by the National Agency of Public Registry of Ministry of Justice.
The representatives of Harvard Business School are already working on a document about on the implementation of blockchain technologies based on Georgia’s example. The document will comprise the history of the project implementation, strong aspects and risk appraisals, implementation terms and other important issues.
Harvard Business School will apply the case study prepared in Georgia regarding the ongoing blockchain project in its curricula.
The upcoming International Blockchain Summit will show a presentation about Georgia and how the country successfully implemented the blockchain technology.
Georgia has become one of the first countries in the world to use the Bitcoin currency and platform to complete property-related government transactions.
Georgia is teaming up with international experts to become one of the first countries in the world to develop and use a system for registering land titles using blockchain.
Tbilisi opens Free Industrial Zone
Georgia is unveiling a Free Industrial Zone in capital Tbilisi, and the opening of the biggest Bitcoin data centre by virtual currency mining giant BitFury.
Georgia is taking steps to introduce smart contracts in real estate registrations that can help enhance transparency and efficiency and reduce costs.
Speaking at the Constituency Meeting organised by the International Monetary Fund and the World Bank in Croatia, Mamuka Bakhtadze presented his views on existing possibilities and challenging with regards to financial technologies.
On an average day, crypto-drug transactions worth more than $8,000 are made in Georgia. Similarly, on an average day, illicit substances with a value of over $35,000 are placed in secret locations around the country’s major cities of Tbilisi, Batumi, and Kutaisi, reads the report 'Online markets for illicit drugs in Georgia'.