{"data":{"id":"us-tn/tenn.-code-ann.-47-10-201","jurisdiction":"us-tn","citation":"Tenn. Code Ann. § 47-10-201","heading":"Part definitions","body":"As used in this part: (1) \"Distributed ledger technology\" means any distributed ledger protocol and supporting infrastructure, including blockchain, that uses a distributed, decentralized, shared, and replicated ledger, whether it be public or private, permissioned or permissionless, and which may include the use of electronic currencies or electronic tokens as a medium of electronic exchange; and (2) \"Smart contract\" means an event-driven computer program, that executes on an electronic, distributed, decentralized, shared, and replicated ledger that is used to automate transactions, including, but not limited to, transactions that: (A) Take custody over and instruct transfer of assets on that ledger; (B) Create and distribute electronic assets; (C) Synchronize information; or (D) Manage identity and user access to software applications. Acts 2018, ch. 591, § 1.\nAs used in this part:\n(1) \"Distributed ledger technology\" means any distributed ledger protocol and supporting infrastructure, including blockchain, that uses a distributed, decentralized, shared, and replicated ledger, whether it be public or private, permissioned or permissionless, and which may include the use of electronic currencies or electronic tokens as a medium of electronic exchange; and\n(2) \"Smart contract\" means an event-driven computer program, that executes on an electronic, distributed, decentralized, shared, and replicated ledger that is used to automate transactions, including, but not limited to, transactions that: (A) Take custody over and instruct transfer of assets on that ledger; (B) Create and distribute electronic assets; (C) Synchronize information; or (D) Manage identity and user access to software applications.\n(A) Take custody over and instruct transfer of assets on that ledger;\n(B) Create and distribute electronic assets;\n(C) Synchronize information; or\n(D) Manage identity and user access to software applications.","path":["TN Code","Title 47","Chapter 10"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_tn_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:26Z","sha256":"45528247943c443d2157ad34eb09729329fcb122a8d01c856f79a0159a4a0f31","source_id":"us-tn","stale":false,"prev":"us-tn/tenn.-code-ann.-47-10-123","next":"us-tn/tenn.-code-ann.-47-10-202"},"notice":"GroundRules: Original legal text. Not legal advice."}