Delaware recently amended the Delaware General Corporation Law to authorize Delaware corporations to replace their paper and electronic stock ledgers with a blockchain. Blockchain, also known as a distributed ledger, can promote efficient recordkeeping, but there are several legal and practical hurdles that corporations need to address before they can reap the full benefits of blockchain legalization. In the first part of this two-part article, which appeared in the May-June 2018 issue of The Journal of Robotics, Artificial Intelligence & Law, the authors discussed blockchain and its applications. This second part of the article explains Delaware’s legislation and blockchain’s potential uses and hurdles.
5.15.2018