Go to previous versions
of
this Statute
2022 Nevada Revised Statutes
Chapter 719 - Electronic Transactions (Uniform Act)
NRS 719.045 - "Blockchain" defined.
Universal Citation: NV Rev Stat § 719.045 (2022)
1. "Blockchain" means an electronic record of transactions or other data which is:
(a) Uniformly ordered;
(b) Processed using a decentralized method by which one or more computers or machines verify the recorded transactions or other data;
(c) Redundantly maintained by one or more computers or machines to guarantee the consistency or nonrepudiation of the recorded transactions or other data; and
(d) Validated by the use of cryptography.
2. The term includes, without limitation, a public blockchain.
(Added to NRS by 2017, 2572; A 2019, 2819, 2826)
Disclaimer: These codes may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
