Jenner & Block

“Are Headwinds Hampering Delaware’s Blockchain Initiative?” Law360

In this article, Jenner & Block Partners G. Thomas Stromberg and Jolene E. Negre and Associates Mark A. Reinhardt and Michelle Peleg examine the Delaware Blockchain Initiative, or DBI.  They explain that the Delaware General Corporation Law was amended last year to make it explicitly legal for entities incorporated in Delaware to use distributed ledger technology for record-keeping and administration of stock ledger.  While such use could revolutionize corporate record-keeping, governance and finance, the authors observe that “it remains to be seen exactly how, and how quickly, blockchain technology will be adopted by the broader corporate community, and whether Delaware will continue to lead the charge.”