Sen. Hertzberg Introduces California Blockchain Bill 838 For Corporate Shareholders

Senator Bob Hertzberg’s campaign for a ‘California Blockchain Bill’ has passed the Senate’s Banking and Financial Institutions Committee, with a recommendation to enact when it goes before the Senate Judiciary Committee in May. The Blockchain Bill ‘838’ will permit the use of blockchain technology for the issuance and transfer of corporate share certificates, alongside a record of a corporation’s stockholders details and their shares. This comes as an exciting step forward for California’s Silicon Valley.

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