Arizona Bill Would Make Blockchain Smart Contracts 'Legal'
An Arizona legislator wants to amend state law to account for blockchain signatures and smart contracts, public records show. HB 2417, introduced on 6th February, would make a signature enshrined on a blockchain a legal signature under Arizona law. Conversely, any "record or contract" secured by a blockchain would be "considered to be in an electronic format and to be an electronic record". The bill was put forward by state representative Jeff Weninger. Notably, the bill’s language also explicitly accounts for the use of smart contracts, or self-executing agreements....
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