Arizona Enforces Smart Contracts On The Blockchain

Some good news coming out of Arizona. Legislators has enforced smart contracts as equally valid as a written contract. Here is a quote:

"For Sweetbridge, a Phoenix-based outfit building a blockchain supply chain finance platform, the law has afforded the company sufficient legal clarity and confidence to begin rolling out operations more aggressively.

Caroline Lynch, Sweetbridge's public policy and legislative advisor, explained that the state's decision to elevate smart contracts to the same legal grounding as traditional contracts has been imperative to the company's growth."

You can read the whole story over at Coindesk:

https://www.coindesk.com/arizona-smart-contract-clarity-winning-startups/