The house is considering a proposal that the Ministry of Veteran Affairs would require to investigate how distributed ledger technology, such as blockchain, can improve the claim systems of the agency.
The “Veterans Affairs Distributed Ledger Innovation Act from 2025” (HR 3455), introduced on May 15 by Rep. Nancy Mace, spent his first checkpoint with a hearing of 11 June for the subcommittee of the house veterans on supervision and investigations.
The measure is now waiting for a vote through the entire room.
The bill gives the Secretary of Veterans Affairs (VA) the task of conducting an extensive investigation or distributed ledgers can improve transparency, traceability and resistance to fraud, waste and abuse of benefits.
The legislators are responsible for the effort in response to persistent complaints about slow, opaque processing and data errors that payments may owe or mislead payments to veterans.
Unchanging records
According to the text, the VA must investigate how a distributed ledger can safely register every step in a claim, verify information to eliminate false archives and mark irregularities in the supplies.
The department should consult technologists, service organizations of veterans and other federal agencies that are already experimenting with distributed ledgers.
Within one year after the entry into force, the secretary would report to the congress with findings about the feasibility, benefits and risks, together with recommendations for pilot programs and any legal or administrative changes that are necessary to implement the technology.
The bill also describes what it means by a distributed ledger. By codifying the definition, legislators want to prevent confusion about whether the VA could satisfy the mandate with a conventional database dressed in new terminology.
If the house approves the measure, it would move to the Senate for consideration.
In particular, the veteran-related proposal is now next to other accounts, such as the Blockchain Regulatory Security Act“ Written by Rep. Tom Emmer and the Implement American Blockchains ActIntroduced by Rep. Bernie Moreno.