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In May 2016, then-Governor of Delaware Jack Markell proposed the Delaware Blockchain Initiative, in order to make Delaware a more welcoming place for blockchain businesses of all types.
This legislation, which amends Delaware’s general corporation law, has just been signed into law by Governor John Carney, Jr. It provides for a descriptive approach to blockchain technology legislation, rather than a proscriptive approach, and creates a state blockchain ombudsperson to help welcome blockchain businesses to the state.
Many corporations are taking note of this new law, and changes to government efficiency, public ledgers, and federal regulations, and more interest and collaboration from other states and jurisdictions may be possible in the future.
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