Intending to give blockchain records and smart contracts a legal standing in the United States Of America. The Republican Congressman from Arizona, Rep. David Schweikert, and a Democratic counterpart from Florida, Rep. Darren Soto, has introduced the bill “Blockchain Records and Transactions Act of 2020.” As per the sources, if this bill gets passed, digital signatures on the blockchain will be recognized and will also set the stage for enterprise adoption of blockchain technology.