Delaware governor signs blockchain bill into law

posted 30 days ago
The governor of the US state best known as the home to a majority of the country's incorporated businesses has officially signed a bill making it explicitly legal for those entities to use blockchain for stock trading and record-keeping.

After weeks of anticipation, Delaware governor John C. Carney Jr. signed the bill on Friday, effectively bringing closure to an effort that began in May 2016 when his predecessor, Jack Markell, launched an initiative to promote blockchain efficiencies in government.

Industry analysts suggest that by giving the greenlight to this experimentation, the law could make it possible for the custodianship, issuance, redemption and trading to take place on a distributed ledger.
Tags: blockchain, news