The Cabinet of Ministers of Ukraine has accepted the proposal to integrate blockchain in the State Register of Real Estate Rights and the electronic auctions system for distrained property CETAM, writes the news agency Interfax.
The proposal of the Ministry of Justice of Ukraine to use blockchain at those state institutions was adopted at the Cabinet’s session on May 24. It was dictated by the governmental policy to support the advanced technologies, protect governmental information, and enhance the investment attractiveness.
It should be noted that earlier the Ukrainian government had signed an agreement with the American fintech company Bitfury Group to move the governmental agencies onto blockchain technology.
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