SEP 27, 2018 | US
BSA Welcomes Introduction of the Blockchain Records and Transactions Act
WASHINGTON – September 28, 2018 – BSA | The Software Alliance applauds Representative Schweikert for introducing the Blockchain Records and Transaction Act. This bill updates the E-SIGN Act to remove any doubt about the legal efficacy of digital records and contracts that are stored on a blockchain. By shoring up the legal foundations of blockchain-based records and transactions, this bill provides certainty that will enable the technology to reach its full potential.
ABOUT BSA
The Business Software Alliance (www.bsa.org) is the global trade association of the enterprise software industry, representing companies that are leaders in artificial intelligence, cybersecurity, cloud computing, quantum, and other breakthrough technologies. We work in over 20 markets in the US, Europe, and Asia, advocating for policies that build trust in technology so that every industry sector and the public can benefit from innovation.