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Tag Archives: Eprem Urumashvili

Blokchein Technologies to Help People Save Time and Money

The information of real estate and business in Georgia will be protected with high technology. The National Agency of Public Register of Ministry of Justice started to implement the blokchein system registration pilot program. The agreement has been signed between BitFury Group and Public Register.  The process of registration will be …

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Rustavi Azot Goes to EU Investment Ownership

Rustavi Azot has been transmitted to EU Investments in ownership. The company abstains from making additional comments over the issue. EU Investments holds a 100% stake in Rustavi Azot, the company managers told Business Contract. EU Investment was registered in autumn 2016. Eprem Urumashvili is the company director, while Ioseb …

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BitFury Invests $100 Million in Georgia for Mega-Data Center

Valery Vavilov

Global bitcoin blockchain infrastructure provider and transaction processing company BitFury is planning to invest US$100 million to build its second data center in Georgia’s capital Tbilisi and the first technology park. The new 100MW bitcoin mining data center will be built on 185,000 square miles of land developed by The …

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