Celebrating 75 Years of Serving Nevada’s Legal, Business, Government, and Civic Communities

Amid Tech Boom, Nevada Wants to Become Home for Blockchain-Related Businesses

The Nevada Independent, Jan 28, 2018

By Megan Messerly

While bitcoin has gradually become a household word, the underlying technology behind it — known as blockchain — isn’t quite there yet, though it has found a recent home in Nevada law.

Blockchain is, at its simplest, a kind of distributed ledger technology. It can be used to track and keep secure all sorts of different records, things like financial transactions, shipping data and birth certificates.

Economic development officials, tech companies and blockchain advocates see a bright future for the technology here in Nevada, with the state’s vast amounts of land and relatively inexpensive energy costs. To top it off, they say that the state laid out a symbolic welcome mat when it passed a blockchain bill last year, signaling to companies that Nevada understands what blockchain is and is interested in giving companies the space they need to innovate as applications of the technology continue to emerge.

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In 2024, McDonald Carano celebrates 75 years of serving Nevada’s legal, business, government, and civic communities. More than 60 lawyers and government relations professionals serve state, national, and international clients from our offices in Reno, Las Vegas, and Carson City. McDonald Carano provides legal services and government affairs and advocacy counsel to startups, corporations, trade associations, nonprofits, public entities, high-net-worth individuals, investors, and public-private partnerships throughout Nevada. We are proud to be your Nevada law firm since 1949.

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