This bill directs the Secretary of Veterans Affairs to conduct a comprehensive study on using distributed ledger technology—a secure data-sharing system similar to blockchain—across VA programs and services. The study will examine how this technology could improve efficiency in distributing veteran benefits, enhance security of veteran records, streamline insurance claim processing, and increase transparency in VA operations. The Secretary must consult with technology experts, veterans service organizations, other federal agencies, and relevant stakeholders while conducting this research. Within one year of the bill's enactment, the Secretary must submit a report to Congress detailing the study's findings, potential benefits and risks, recommendations for pilot programs, and any legislative or administrative changes needed to implement the technology. The bill does not provide specific funding amounts but requires the VA to complete this exploratory study within the one-year timeframe.
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