Digitizing the Georgian Lari for a Global Economy
How GELT Works
GELT is built on a decentralized blockchain infrastructure designed to ensure transparency, security, and immutability of transactions. By leveraging the power of blockchain, GELT aims to create an efficient financial ecosystem with:
Smart Contracts
Automated, self-executing contracts with terms directly written into code, facilitating secure transactions without intermediaries.
Transparency
Blockchain records all GELT transactions publicly, allowing real-time auditing and tracking.
Security
The blockchain employs advanced cryptographic techniques to safeguard assets and transactions.
Stability
The stability of GELT is ensured by the backing of Georgian Treasury Bonds issued by the Ministry of Finance of Georgia. The bonds serve as a collateralized reserve that guarantees the value of each GELT token