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A blog about economics in the South Caucasus.

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Salome Deisadze
Apr
07

Blockchains for Agriculture: The Future is Unwritten

Agricultural and Rural Policy
  Blockchain technology became a huge story last year due to the hype over cryptocurrencies such as Bitcoin and Etherium. Banks and other financial institutions are rushing to adopt blockchain technology. Nowadays, about 15% of financial institutions use blockchain technology to secure and validate transactions. IBM was the one of the first companies that saw the potential of blockchain use and encouraged startups related to the concept. While blockchain technology is mainly associated with the use of cryptocurrencies, the concept can be implemented...
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agriculture georgia blockchain cryptocurrency bitcoin
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Eric Livny
Salome, you should read this https://www.kp.ru/daily/26388/3266046/. I laughed and cried at the same time. This Shlyapnikov guy mu... Read More
Tuesday, 10 April 2018 4:04 PM
Eric Livny
На чем-то Шляпникова надо было поймать. Поймали на очередной шутке - на якобы деньгах, «колионах» (от названия села Колионово), ко... Read More
Tuesday, 10 April 2018 4:04 PM
Salome Deisadze
That is so true, Eric. Georgian farmers mainly conduct transactions in cash. In this regard, blockchains might contribute to recor... Read More
Tuesday, 10 April 2018 4:04 PM
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Giorgi Mzhavanadze
Apr
01

The FitCoin Revolution!

Macroeconomics
  ◊ ◊ ◊ Once dubbed Georgia's Abu Ghraib, Gldani Prison #8 has gone through a substantial makeover since its darkest hours in September 2012. The entire staff was replaced or retrained during 2013, swiftly and effectively ending human right violations. The following year, the prison won a prestigious award as Georgia’s best correctional facility. In 2015, about 180ha in the prison’s backyard became home to Bitfury, an international bitcoin industry pioneer. The company invested close to $100mln in its Gldani data center, placing the prison at the ep...
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georgia cryptocurrency bitcoin innovation
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Irakli Shalikashvili
Jul
01

How Can Georgian Economy Benefit from Bitcoin?

Private Sector
RECENT DEVELOPMENTS For the first time in history, the price of Bitcoin broke its highest record (Figure 1) rising above 2,900 USD during the last week of June, 2017. One of the reasons why the market unexpectedly became optimistic about Bitcoin could be the fact that in April, the Japanese government formally accepted1 the cryptocurrency as a mean of exchange, which gave it more validity in Asia’s richest economy. Moreover, there has been significant growth of international money transfer services that use Bitcoin in order to move currency from one coun...
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investment private sector bitcoin cryptocurrency georgia
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Irakli Shalikashvili
Thanks a lot.
Friday, 07 July 2017 12:12 PM
Guest — JohnDoe
Very nice article!
Friday, 07 July 2017 11:11 AM
Irakli Shalikashvili
I was curious too and thats why I decided to write a blog about this issue.
Friday, 07 July 2017 12:12 PM
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