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    Home»Markets»Laws on a blockchain pilot for Veteran Affairs claims awaits Home flooring vote
    Laws on a blockchain pilot for Veteran Affairs claims awaits Home flooring vote
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    Laws on a blockchain pilot for Veteran Affairs claims awaits Home flooring vote

    By Crypto EditorJuly 24, 2025Updated:July 24, 2025No Comments2 Mins Read
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    Laws on a blockchain pilot for Veteran Affairs claims awaits Home flooring voteLaws on a blockchain pilot for Veteran Affairs claims awaits Home flooring vote

    The Home is contemplating a proposal that might require the Division of Veterans Affairs to look at how distributed ledger know-how, similar to blockchain, can improve the company’s claims techniques. 

    The “Veterans Affairs Distributed Ledger Innovation Act of 2025” (H.R. 3455), launched Could 15 by Rep. Nancy Mace, handed its first checkpoint with a June 11 listening to earlier than the Home Veterans’ Affairs Subcommittee on Oversight and Investigations. 

    The measure now waits for a vote by the complete chamber.

    The invoice directs the Secretary of Veterans Affairs (VA) to conduct a complete examine on whether or not distributed ledgers can improve the transparency, traceability, and resistance to fraud, waste, and abuse of advantages adjudication. 

    Lawmakers body the trouble as a response to persistent complaints about sluggish, opaque processing and knowledge errors that may delay or misdirect funds owed to veterans.

    Immutable information

    Underneath the textual content, the VA should discover how a distributed ledger might securely log every step in a declare, confirm data to weed out false filings, and flag irregularities in profit supply.

    NemoNemo

    The division would wish to seek the advice of technologists, veterans’ service organizations, and different federal companies which can be already experimenting with distributed ledgers. 

    Inside a yr of enactment, the Secretary would report again to Congress with findings on the feasibility, advantages, and dangers, together with suggestions for pilot applications and any statutory or administrative adjustments essential to deploy the know-how.

    The invoice additionally spells out what it means by a distributed ledger. By codifying the definition, lawmakers goal to keep away from confusion over whether or not the VA might fulfill the mandate with a standard database dressed up in new terminology.

    If the Home approves the measure, it could transfer to the Senate for consideration. 

    Notably, the veteran-related proposal now sits alongside different payments, such because the Blockchain Regulatory Certainty Act, authored by Rep. Tom Emmer, and the Deploying American Blockchains Act, launched by Rep. Bernie Moreno.

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