Tuesday, December 5, 2017

4 Blockchain Bills Introduced in New York Legislature



A lawmaker in New York has introduced four bills in an effort to spur research into possible uses for blockchain by the state's government.

The proposed laws from Assemblyman Clyde Vanel (D-33) would establish legal language for the technology (similar to an effort undertaken in Arizona) under state law while also creating studies around its application for local and state elections, including the verification of voter tallies.

The first bill would to add sections to New York's technology law which define “blockchain technology” and “smart contract,” as well as provide a legal understanding for digital signatures stored on a blockchain.

The second bill "directs the state board of elections to study and evaluate the use of blockchain technology to protect voter records and election results," according to the text.

It gives this study a year to produce a report explaining whether a blockchain platform can help limit or prevent voter fraud, improve cybersecurity around digital voting platforms, maintain better voter records and more efficiently share election results.

Click here for the full article. 

Source: Coindesk (via The Empire Report) 

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