Encyclopedia

blockchain law

blockchain law

The legal status of blockchain-based smart contracts. Also known as "distributed ledger technology law" (DLT law), blockchain law is an emerging field. Starting in 2016, various states in the U.S., including Vermont, Arizona and Nevada, have identified blockchain law as a legal issue. As smart contracts proliferate, blockchain law will become front and center, especially after contract executions are disputed. See blockchain.
Copyright © 1981-2025 by The Computer Language Company Inc. All Rights reserved. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction is strictly prohibited without permission from the publisher.
Mentioned in
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.