Lege TREND. +1 State Blockchain Bill. Business Transactions. Contracting Procurement Changes. Read the Bill.

Ohio’s  SB 220 (2018 | OH), signed by the Governor, will establish these blockchain standards:

  • blockchain transactions are legitimized as enforceable electronic transactions
  • applies to electronic records using blockchain
  • applies to electornic signatures using blockchain
  • amends the definition of “electronic record” to include blockchain
  • amends the definition of “electronic signature” to include blockchain

SB 220 would apply to state contracting and state procurement.