Archil Kublashvili on Georgian Real Estate registry partially based on blockchain technology at Permissionless Society meetup Amsterdam March 20 2018

1. BLOCKCHAIN USE CASES
PART 1: GEORGIA’S CASE OF IMPLEMENTING BLOCKCHAIN FOR PROPERTY TITLE
PURPOSES.
PART 2: LOBBYING EFFORTS TO GET COUNTRIES TO REGULATE BC BASED
BUSINESSES. WHY IS REGULATION IMPORTANT
PRESENTED BY: ARCHIL (ARCHIE) KUBLASHVILI
COUNTRY MANAGER OF WWW. SPOTCOIN.COM
NEED MORE INFO?: +31 (0)655532030 E-MAIL: AKUBLASHVILI@GMAIL.COM

2. IS BLOCKCHAIN AS GREAT AS PEOPLE SAY?
• Everybody says so but really where is the proof?
• If it is so great why don’t we see the adoption everywhere?
• Does regulation defy the purpose of decentralization?
• Why regulations have been ineffective and how can this be fixed?
• Is blockchain and cryptocurrencies used by criminals and thugs or is it an
ultimate police tool?

3. GOOD OLD GARTNER’S HYPE CHART 2016

4. WHY IS CASE OF NAPR* IMPORTANT?
• First case of international partnership. SIDA funded project.
• First case of public private partnership.
• It worked brilliantly.
• It eliminated excess actors from the system.
• System became informative, accessible, reliable and transparent.
• Data entry errors are less and less prevalent.
• It has the interface and search system that humans can use!
• System is almost incorruptible. Why almost?

5. HOW DOES IT WORK?
• Sha3-256 (Keccak) Hash Address on the BlockChain:
B91a1f36e2375275137615e3d3c25e6383afd59982f41e7463ce27469b01d630
• Search at: https://naprweb.reestri.gov.ge/#/blockchain
• Property Code: 01.16.06.049.005.01.017
• PID: 35001046587
• Name: "#$%& '()&"*+%&%
• Digital title documents have their Sha3-256 Signature which can be reverse
engineered here https://emn178.github.io/online-tools/keccak_256_checksum.html

6. Use Link: https://napr.gov.ge/EN Otherwise the system will
display Georgian interface

7. cument ID
er By Date
arch By Name,
urname, PID,
ress or Number
of Land Plot
I have submitted property registration, o
title change request 18 times.
Problematic property? Let’s see!

10. HOLLY GRAIL- THE REPORT OF THE BLOCKCHAIN

11. RESULTS
• No need for counterparties, third parties, intermediaries or else.
• Transfer of property takes from 1 to 4 Business days. NAPR can do it within an
hour
• Latest, audited and updated information is readily available.
• No information can be hidden, falsified, or altered without authorization.
THE UNDERLYING SYSTEM HAS BECOME TRUSTLESS

12. THANK YOU
• Archil (Archie) Kublashvili
Phone: +31(0)655532030
E-mail: akublashvili@gmail.com
Feel Free to add me to your Linkedin
www.linkedin.com/in/Akublashvili