To amend the Electronic Signatures in Global and National Commerce Act to clarify the applicability of such Act to electronic records, electronic signatures, and smart contracts created, stored, or secured on or through a blockchain, to provide uniform national standards regarding the legal effect, validity, and enforceability of such records, signatures, and contracts, and for other purposes.
Blockchain Records and Transactions Act of 2018 This bill specifies how provisions related to the preemption of federal laws regarding electronic signatures apply to electronic signatures created or stored by blockchain technology.
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Timeline
Introduced in House
Referred to the House Committee on Energy and Commerce.
Introduced in House
Referred to the House Committee on Energy and Commerce.
Finance and Financial Sector
Business recordsComputers and information technology
To amend the Electronic Signatures in Global and National Commerce Act to clarify the applicability of such Act to electronic records, electronic signatures, and smart contracts created, stored, or secured on or through a blockchain, to provide uniform national standards regarding the legal effect, validity, and enforceability of such records, signatures, and contracts, and for other purposes.
USA115th CongressHR-7002| House
| Updated: 9/28/2018
Blockchain Records and Transactions Act of 2018 This bill specifies how provisions related to the preemption of federal laws regarding electronic signatures apply to electronic signatures created or stored by blockchain technology.