Veterans Affairs Distributed Ledger Innovation Act of 2024
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Summary
This bill directs the Secretary of Veterans Affairs to conduct a comprehensive study on the feasibility, benefits, and risks of using distributed ledger technology (such as blockchain) across VA programs and services. The study must examine how this technology could improve benefits allocation, enhance record security, streamline insurance claims, and increase transparency. The Secretary must consult with technology experts, veterans service organizations, and other federal agencies, and submit findings and recommendations to Congress within one year.
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