Bill Encouraging Blockchain and DLT Development Launches in Washington State

Bill Encouraging Blockchain and DLT Development Launches in Washington State

A bill which aims to encourage the development of blockchain technology and DLT have been published by the Washington State Senate. The bill introduced on January 25th has added a new definition for blockchain technology: “It means a cryptographically secured, chronological, and decentralized consensus ledger or consensus database maintained via the internet, peer-to-peer network, or other similar interaction.”

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