NRS 719.045 “Blockchain” defined.
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/nv/chapter-719-electronic-transactions-uniform-act/719-045·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 719.045 “Blockchain” defined.
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.