No Result
View All Result
  • Login
Friday, October 31, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Cryptocurrency

Legislation on a blockchain pilot for Veteran Affairs claims awaits House floor vote

by FeeOnlyNews.com
3 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
0
Legislation on a blockchain pilot for Veteran Affairs claims awaits House floor vote
Share on FacebookShare on TwitterShare on LInkedIn


Stake

The House is considering a proposal that would require the Department of Veterans Affairs to examine how distributed ledger technology, such as blockchain, can enhance the agency’s claims systems. 

The “Veterans Affairs Distributed Ledger Innovation Act of 2025” (H.R. 3455), introduced May 15 by Rep. Nancy Mace, passed its first checkpoint with a June 11 hearing before the House Veterans’ Affairs Subcommittee on Oversight and Investigations. 

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

The bill directs the Secretary of Veterans Affairs (VA) to conduct a comprehensive study on whether distributed ledgers can enhance the transparency, traceability, and resistance to fraud, waste, and abuse of benefits adjudication. 

Lawmakers frame the effort as a response to persistent complaints about slow, opaque processing and data errors that can delay or misdirect payments owed to veterans.

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.

NemoNemo

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 Blockchain Regulatory Certainty Act, authored by Rep. Tom Emmer, and the Deploying American Blockchains Act, introduced by Rep. Bernie Moreno.

Mentioned in this article

Latest Alpha Market Report



Source link

Tags: AffairsawaitsBlockchainClaimsFloorHouselegislationPilotVeteranvote
ShareTweetShare
Previous Post

$120–$125 Range In Bullish Crosshairs

Next Post

Where to Go Next? Try a Second City

Related Posts

Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits .86B

Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits $1.86B

by FeeOnlyNews.com
October 31, 2025
0

Coinbase (Nasdaq: COIN) ended the third quarter of 2025 with $1.50 in earnings per share, beating Wall Street’s expectation of...

Decentralized Crypto Exchange Plans Year-End Debut, Reuters

Decentralized Crypto Exchange Plans Year-End Debut, Reuters

by FeeOnlyNews.com
October 31, 2025
0

dYdX (DYDX), one of the leading decentralized cryptocurrency trading platforms in the industry, is reportedly preparing to enter the US...

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

Binance Supercharges Crypto Adoption in Argentina With a QR Code Bridge to the Peso

by FeeOnlyNews.com
October 31, 2025
0

Binance is supercharging crypto’s real-world momentum with a groundbreaking push into Argentina’s digital payments scene, launching instant, fee-free QR crypto...

Strategy Q3 Income Narrows to .8B as mNAV Shrinks

Strategy Q3 Income Narrows to $2.8B as mNAV Shrinks

by FeeOnlyNews.com
October 30, 2025
0

Shares in Strategy have risen nearly 6% after hours as the Bitcoin treasury company reported a net income of $2.8...

Canary Funds updates S-1 filing for XRP spot ETF, targeting November 13 launch

Canary Funds updates S-1 filing for XRP spot ETF, targeting November 13 launch

by FeeOnlyNews.com
October 30, 2025
0

Key Takeaways Canary Funds updated its S-1 for an XRP spot ETF, removing the delaying amendment. The ETF could launch...

Ripple Depends On XRP Price, Not Market Utility: Experts

Ripple Depends On XRP Price, Not Market Utility: Experts

by FeeOnlyNews.com
October 30, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The long-running dispute over what XRP is...

Next Post
Where to Go Next? Try a Second City

Where to Go Next? Try a Second City

Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes ‘crazy’

Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes ‘crazy’

  • Trending
  • Comments
  • Latest
AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

AB Infrabuild, among 5 cos to approach record date for stock splits. Last day to buy for eligibility

October 15, 2025
Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

Housing Market Loses Steam, “National Buyer’s Market” Likely in 2026

October 14, 2025
Are You Losing Out Because of Medicare Open Enrollment Mistakes?

Are You Losing Out Because of Medicare Open Enrollment Mistakes?

October 13, 2025
Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

October 15, 2025
Government shutdown could drain financial advisor optimism

Government shutdown could drain financial advisor optimism

October 7, 2025
Getting Started: How to Register

Getting Started: How to Register

October 10, 2025
China’s Pony.ai gets the first permit for robotaxis in all of Shenzhen

China’s Pony.ai gets the first permit for robotaxis in all of Shenzhen

0
Retire at 50 with Just .5M? The Brutal Truth + 4 Dead-Simple Things to Make It Happen Before You’re 60

Retire at 50 with Just $2.5M? The Brutal Truth + 4 Dead-Simple Things to Make It Happen Before You’re 60

0
Medpace Holdings – MEDP: Kapitalrendite besser als bei Iqvia, Thermo Fisher & Icon!

Medpace Holdings – MEDP: Kapitalrendite besser als bei Iqvia, Thermo Fisher & Icon!

0
Companies are trying to do too much with AI, says IT CEO

Companies are trying to do too much with AI, says IT CEO

0
Seoul And Washington Pen 0 Billion Deal

Seoul And Washington Pen $950 Billion Deal

0
Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits .86B

Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits $1.86B

0
Companies are trying to do too much with AI, says IT CEO

Companies are trying to do too much with AI, says IT CEO

October 31, 2025
China’s Pony.ai gets the first permit for robotaxis in all of Shenzhen

China’s Pony.ai gets the first permit for robotaxis in all of Shenzhen

October 31, 2025
Medpace Holdings – MEDP: Kapitalrendite besser als bei Iqvia, Thermo Fisher & Icon!

Medpace Holdings – MEDP: Kapitalrendite besser als bei Iqvia, Thermo Fisher & Icon!

October 31, 2025
Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits .86B

Coinbase Ends Q3 by Beating Street Estimates by 45%, Revenue Hits $1.86B

October 31, 2025
Decentralized Crypto Exchange Plans Year-End Debut, Reuters

Decentralized Crypto Exchange Plans Year-End Debut, Reuters

October 31, 2025
Trump-Putin summit canceled after Moscow sends memo to Washington – FT (SPY:NYSEARCA)

Trump-Putin summit canceled after Moscow sends memo to Washington – FT (SPY:NYSEARCA)

October 31, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Companies are trying to do too much with AI, says IT CEO
  • China’s Pony.ai gets the first permit for robotaxis in all of Shenzhen
  • Medpace Holdings – MEDP: Kapitalrendite besser als bei Iqvia, Thermo Fisher & Icon!
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.