In 2017 Public Registry plans to launch the second level of cooperation having BitFury Group for starting up a test project depending on real estate registration throughout blockchain system and introducing smart contracts.

“This is usually top technology of which reduces involvement with human resources in the decision-making procedure. The second stage with the project will be persisted for a year and we will see whether we will be able to utilize the system of Good Contracts in on a daily basis life”, Papuna Ugrekhelidze told the Business Arrangement.

Test registration transactions are already already carried out. Info on registration of housing and business companies might be protected by international system of blockchain, Ugrekhelidze claimed.

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