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[Georgia Signs Memorandum of Understanding with Hedera to Explore Blockchain Applications in Property Rights Protection] The Ministry of Justice of Georgia has signed a Memorandum of Understanding (MoU) with the public blockchain network Hedera, aiming to study the migration of the country's land registration system to blockchain and advance real estate tokenization. Georgian Minister of Justice Paata Salia met with Hedera representatives to discuss the potential applications of blockchain technology in public infrastructure. Officials stated that migrating the National Public Registry's data to a blockchain network is intended to enhance property rights protection, as well as improve transparency and reliability of processes. The parties also mentioned the possibility of real estate tokenization and plan to establish a joint working group, including experts from the Ministry of Justice and the National Public Registry.

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