63N-16-401. Definitions.
(1) "Blockchain company" means an entity that uses blockchain technology to facilitate financial transactions between users.
(2) "Noncustodial blockchain company" means a blockchain company that does not have possession or control of a user's private key.
(3) "Private key" means the same as that term is defined in Section. 13-62-101
(4) "Registry" means the Noncustodial Blockchain Registry described in Section. 63N-16-402
(5) "User" means a person who engages in a financial transaction through a blockchain company.