Bill > SF0066

This bill requires the University of Wyoming's Center for Blockchain and Digital Innovation to collaborate with the Secretary of State to develop a new digital filing system using blockchain or distributed ledger technology. The system will allow for electronic submission of required state filings across multiple legal domains, including corporate, business, and asset registrations. The filing system will be designed to support digital asset liens, digital identity registration, and other digital registrations, and may incorporate features like application programming interfaces and advanced security measures. The bill allows the University and Secretary of State to consult with interested parties and potentially partner with technology companies during development. The Secretary of State has discretion in testing and implementing the system and is not mandated to fully adopt it. To fund this initiative, the bill creates a dedicated digital ledger filing system account and appropriates $2 million from this account to the University of Wyoming's center, with funds to be distributed quarterly between the bill's effective date and June 30, 2027. The Secretary of State is also authorized to adopt rules to implement the act, and the funding is restricted to this specific purpose, with any unused funds reverting to the general fund at the end of the specified period.

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Blockchain, Financial Technology and Digital Innovation Technology

https://www.wyoleg.gov/Legislation/2025/SF0066