BREAKING: House to Vote on Game-Changing Blockchain Pilot for Veteran Affairs Claims
Ditch the paperwork—blockchain might finally cut the red tape for veterans.
Key Details:
- The bill, now headed to the House floor, could revolutionize how the VA handles claims—transparent, immutable, and (hopefully) faster than a congressional hearing.
- No more lost files, no more 'system errors'—just a public ledger even skeptics can't argue with (unless they're lobbying for paper companies).
- Wall Street's already salivating—because nothing screams 'disruption' like government contracts meeting crypto buzzwords.
Bottom line: If this passes, it'll be the first time blockchain does something useful beyond making degenerate traders rich.
Immutable records
Under the text, the VA must explore how a distributed ledger could securely log each step in a claim, verify information to weed out false filings, and flag irregularities in benefit delivery.
The department would need to consult technologists, veterans’ service organizations, and other federal agencies that are already experimenting with distributed ledgers.
Within a year of enactment, the Secretary would report back to Congress with findings on the feasibility, benefits, and risks, along with recommendations for pilot programs and any statutory or administrative changes necessary to deploy the technology.
The bill also spells out what it means by a distributed ledger. By codifying the definition, lawmakers aim to avoid confusion over whether the VA could satisfy the mandate with a conventional database dressed up in new terminology.
If the House approves the measure, it would MOVE to the Senate for consideration.
Notably, the veteran-related proposal now sits alongside other bills, such as the, authored by Rep. Tom Emmer, and the, introduced by Rep. Bernie Moreno.
