The governor of Tennessee signed a bill recognizing the legal authority to use Blockchain technology and smart contractsfor electronic transactions on March 22, according to legislative tracking site Legiscan.
A summary of the bill reads that it “recognizes the legal authority of blockchain technology and smart contracts in conducting electronic transactions.” The bill also makes a provision that, “protects ownership rights of certain information secured by blockchain technology.”
Full article: https://cointelegraph.com/news/vtennessee-passes-bill-recognizing-blockchain-smart-contracts-for-electronic-transactions