Blockchain and smart contracts are getting legal force in the USA

Blockchain and smart contracts are getting legal force in the USA

Arizona Governor Doug Ducey has signed into law that officially recognizes blockchain and smart contracts, DCE Brief reports.

Now, blockchain-based contracts are considered equivalent to the document, and blockchain signatures are defined as electronic ones.

Adoption of the bill shows that the government makes real efforts for implementing blockchain technology into the legal framework, the website said.

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