07
April
2018
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 one of the first companies that saw the potential of blockchain use and encouraged startups related to the concept.
01
April
2018
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 rights 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.
30
March
2018
According to NBG, the volume of total remittances to Georgia amounted to 1,379 million USD in 2017, a 19.8% YoY increase. The recovery of remittances is a clear sign that the economies of Georgia’s partner countries continue to improve. All top source countries of money inflows to Georgia showed a notable increase: Russia (+15.4% YoY), Italy (+17.9% YoY), the United States (+11.2% YoY), and Greece (+13.4% YoY).
27
March
2018
On 27 March 2018, the ISET Policy Institute in partnership with the World Bank and UNICEF hosted a high-level policy discussion, “Higher Education Reform in Georgia: Challenges and Opportunities”, which was the fourth in a series of education policy dialogues focused on higher education.
23
March
2018
The Environmental Performance Indicator (EPI), a list produced by Yale University and Columbia University, has revealed the scoring of 180 countries and their performance regarding Ecosystem Vitality (the protection of natural resource services) and Environmental Health (i.e. progress in air pollution or protection of drinking waters that can endanger human health if not considered).
