Washington State passes bill legitimizing Blockchain records

02 May, 2019
by Colin Hawkins
News
Washington State passes bill legitimizing Blockchain records

In the United States, Washington state just signed a bill into effect that will recognize and protect the legal status of electronic records connected to distributed ledgers, like blockchains. This bill was signed by Governor Jay Inslee April 26.

This new bill is substitute for the senate bill 5638 and had its first reading by the Washington state legislature January 25, 2019. This new bill has passed with a 96-1 vote and will go into effect in July of this year.

A clause in the new law speaks on preventing the discrimination of electronic records that have been a part of a distributed ledger in some way:

“An electronic record may not be denied legal effect, validity, or enforceability solely because it is generated, communicated, received, or stored using distributed ledger technology.”

The newly signed bill also gives more official and legal definitions for the term “blockchain” and “distributed ledger.”

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