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.
BSA | The Software Alliance (www.bsa.org) is the leading advocate for the global software industry before governments and in the international marketplace. Its members are among the world’s most innovative companies, creating software solutions that help businesses of all sizes in every part of the economy to modernize and grow.
With headquarters in Washington, DC, and operations in more than 30 countries, BSA pioneers compliance programs that promote legal software use and advocates for public policies that foster technology innovation and drive growth in the digital economy.