Bitcoin firm Bitfury Group has signed a memorandum of understanding with the Georgian National Agency of Public Registry to expand its online sales register , using blockchain technology . The deal will see the expansion of the registry to include notary services , registration and sales of land titles , registration of new land titles , mortgages and rentals , and property demolition . Bitfury CEO Valery Vavilov believes the secure , transparent system should be " fully operational " by the end of the year , and the company hoped to make the leap to smartphones , enabling people to use it 24/7 .
Bitcoin firm Bitfury Group has signed a memorandum of understanding with the Georgian National Agency of Public Registry to expand its land sales register, using blockchain technology. The deal will see the expansion of the registry to include notary services, purchases and sales of land titles, registration of new land titles, mortgages and rentals, and property demolition. Bitfury CEO Valery Vavilov said the secure, transparent system should be "fully operational" by the end of the year, and the company hoped to make the leap to smartphones, allowing people to use it 24/7.