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Blockchain For Government | Bitfury


Picture Source: https://www.owler.com/company/bitfury


Nowadays no one would deny that blockchain technology has a great potential. Considering just its cryptocurrency application would be like thinking about a mobile phone exclusively for texting. Nonetheless, there is a reason why the management of ownership of digital goods is the most discussed application of blockchain. The use of blockchain to transfer ownership of digital goods is the one with most impact on the economy. Managing ownership is a core element of every human society and this becomes clearer if we think about all the stakeholders involved in most ownership transfers: banks, insurance companies, lawyers, courts and so on. Hence, every innovation that concerns management of ownership will have a huge impact on the society. In this way Bitfury has positively affected Georgia’s society.