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ICYMI: Delaware House passes blockchain legislation

 

 

Delaware’s House of Representatives has passed landmark legislation that will allow shares to be traded on a blockchain. All amendments of Delaware Senate Bill 69 were passed by the House on June 30, just hours before the close of the legislative session. The bill, which was passed by the State Senate earlier in June, is expected to go to Governor Carney later this month for his signature, and take effect on August 1.  

 

The new legislation will allow companies to create and maintain corporate records, including stock ledgers, on a blockchain to better track and verify stock ownership, and improve transaction time and proxy voting.

 

A “tweet storm” quickly ensued after the vote as fans of blockchain and Delaware jumped on social media to share the exciting news!

 

Caitlin Long Tweets

 

Read: Delaware House Passes Historic Blockchain Regulation

In case you missed it, here are some of the top articles:

 

CoinDesk
American Banker
Coin Telegraph
International Business Times

 

Coin Desk Tweet

 

Watch: Putting public records on the blockchain

Forbes and KPMG covered the Delaware Blockchain Initiative in their series, “The Great Rewrite,” which explores “the profound forces at work in business and beyond.”

Watch Andrea Tinianow, director of the Delaware Blockchain Initiative, as she shares about the technology and how it will change the way the world does business.

 

The Great Rewrite Blockchain

 

The History: Delaware Blockchain Initiative

 

Key innovations introduced into Delaware’s corporate law
Delaware Corporate Law Council releases framework for Blockchain shares
Delaware judge outlines how blockchain technology can solve stockholder voting issues
The Delaware Blockchain Initiative

 

 


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