Republic of Georgia News

A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia.

The tiny population of Georgia is a dark horse for Bitcoin mining, contributing close to 1% of the industry’s total hash rate, according to a report by Arcane research.

A holy oath was taken to try to ensure the region’s power grid would work at its most efficient level, as crypto miners are blamed for drawing off too much juice.

Georgia's central bank has invited fintech firms and others to participate in the CBDC project.

Georgia sees more than 100,000 property registration records on Blockchain since February 2017.

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.

Several local publications including Caucasus Business Week revealed that the nation of Georgia is ready to utilize Blockchain technology to secure real estate documents.

The idea of registering title, property rights, on the Blockchain is a mechanism for fostering social inclusion on a mass scale.

Leading bitcoin wallet and payment processor Snapcard has entered into a strategic partnership with UniPAY

Global bitcoin blockchain infrastructure provider and transaction processing company BitFury is planning to invest US$100 million to build its second data center in Georgia’s capital Tbilisi and the first technology park.