A law was signed in the US state of Arizona, which legally anchors Smart Contracts and Blockchain signatures.

In early February it was announced that attempts are being made to record signatures that are recorded on a blockchain as well as to harmonize smart contracts with the law. In particular, their electronic format or recording should be taken into account.

The bill was signed by the Arizonian governor, Doug Ducey, on 29th March, following a law passed by Vermont last year, which also decided to recognize data on a blockchain in court.

The Bitcoin News

TheBitcoinNews.com – leading Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.

TheBitcoinNews.com is is not responsible for the content of external sites and feeds. Sponsored Guest posts, articles or PRs are not always flagged as this!

Do you want see your PR or Guest post here? Advertise with us : https://thebitcoinnews.com/hodl/