"Blockchain protocol" means executable software that:

1. (1) is governed by a set of predefined rules that:

   1. (A) execute autonomously without human intervention; and

   2. (B) can be altered by a predetermined process;

      including predefined rules that use a previously existing blockchain as a base;

2. (2) facilitates transfer of data and electronic records and allows the data and electronic records to be broadcast to nodes; and

3. (3) is deployed to a blockchain;

   including a smart contract or network of smart contracts.

As added by P.L.49-2026, SEC.11.