Smart Contracts are Seeping into U.S Law β Tennessee Passes Bill

Tennessee has become the latest U.S state to pass a bill recognizing the legal authority of blockchain technology and smart contracts in conducting electronic transactions. The bill was passed by Tennessee Governor Bill Haslam on March 26th 2018 confirming the legal authority of blockchain and smart contract powered electronic transactions and also protecting the ownership rights of βcertain information secured by blockchain technology.β Immutable and Auditable An amendment clarifies the application of the bill to: Read More The post Smart Contracts are Seeping into U.S Law Tennessee Passes Bill appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/smart-contracts-are-seeping-into-u-s-law-tennessee-passes-bill/