Sponsors
11 Republican
Nancy MaceSC-1
The "Veterans Affairs Distributed Ledger Innovation Act of 2024" directs the Secretary of Veterans Affairs to conduct a comprehensive study on the use of distributed ledger technology (DLT) within the Department of Veterans Affairs. This study will evaluate the feasibility, benefits, and risks of DLT for improving services such as benefits allocation, record management, and insurance claims. It mandates consultation with DLT experts and stakeholders, with a report and recommendations due within one year.
This bill is very pro-crypto as it actively promotes the exploration and potential implementation of distributed ledger technology (DLT) within a significant federal agency. The "Sense of Congress" explicitly recognizes DLT's potential for enhancing data integrity, security, and transparency, and for significantly improving veterans' benefits, insurance programs, and record maintenance. By mandating a comprehensive study, including consultation with DLT experts and recommendations for pilot programs, the bill signals a positive governmental interest in leveraging crypto-adjacent innovation. This proactive approach helps legitimize DLT, potentially paving the way for broader government adoption and fostering a more favorable environment for crypto development and understanding, thereby directly expanding potential applications for the technology.
Every member who has sponsored, cosponsored or voted on this bill. Pick a vote to see how each member voted on it, or narrow by party, name or state.
1 Republican