Last week, Senator Bob Hertzberg (D), who represents California's 18th Senate District, advanced legislation permitting Blockchain technology for certain business practices, financial information platform Equities.com reported April 23.
SB 838 would allow corporations to apply "Blockchain technology or one or more distributed networks" to record and keep the “names of all of the corporation’s stockholders of record, the address and number of shares registered in the name of each of those stockholders, and all issuances and transfers of stock of the corporation.”