California Bill Would Legally Recognize Blockchain Data587.23

A California lawmaker has introduced a bill that, if passed, would update the state's electronic records laws to account for blockchain signatures and smart contracts. The existing law "Specifies that a record or signature may not be denied legal effect or enforceability solely because it is in electronic form and that a contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation." In essence, a signature on a blockchain would be legally enforceable should the bill advance through California's legislature and be signed by Governor Jerry Brown. The bill also addresses data storage on the blockchain. Calderon's bill is the latest measure of its kind to emerge from a state-level legislature in the U.S. Representatives in Florida introduced similar legislation last month in the state's House, and lawmakers in Arizona passed a bill last year that provided blockchain data and smart contracts with legal status.
Original source
https://www.coindesk.com/california-lawmaker-files-bill-legally-recognize-blockchain-data/

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