,,ib ,union ,calendar ,no4 #bib #aaith ,,congress #ast ,session ,h4 ,r4 #cdee ,report ,no4 #aai-cdj ,,in ,,the ,,house ,,of ,,representatives ,may #ae1 #bjbe,ms4 ,mace introduced the following bill2 which was referred to the ,committee on ,veterans' ,affairs ,october #aj1 #bjbe;,committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed ,a ,,bill ,to direct the ,secretary of ,veterans ,affairs to conduct a comprehensive study on the use of distributed ledger technology in the ,department of ,veterans ,affairs1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,veterans ,affairs ,distributed ,ledger ,innovation ,act of #bjbe4 #b4 ,sense of ,congress ,it is the sense of ,congress that-- 7#a7 veterans deserve efficient1 transparent1 and secure access to benefits and services earned through their honorable service2 7#b7 distributed ledger technology offers promising solutions for enhancing data integrity1 security1 and transparency2 and 7#c7 exploring innovative technologies such as distributed ledger technology could significantly improve the allocation of benefits1 management of insurance programs1 and maintenance of records within the ,department of ,veterans ,affairs4 #c4 ,department of ,veterans ,affairs study on use of distributed ledger technology 7a7 ,in general ,the ,secretary of ,veterans ,affairs shall conduct a comprehensive study on the feasibility1 potential benefits1 and risks associated with implementing distributed ledger technology to improve claims adjudication and prevent fraud1 waste1 and abuse within the ,department's benefits administration systems4 7b7 ,matters for examination ,in conducting the study under subsection 7a71 the ,secretary shall examine how distributed ledger technology could-- 7#a7 improve the clarity1 traceability1 and reliability of veterans' benefits claims by securely recording key steps in the adjudication process2 7#b7 reduce the risk of fraudulent and inaccurate claims by verification processes2 7#c7 improve accountability in claims handling2 and 7#d7 aid in identifying irregularities in benefits delivery4 7c7 ,consultation ,in conducting the study under subsection 7a71 the ,secretary shall consult with-- 7#a7 experts in distributed ledger technology2 7#b7 representatives of veterans service organizations2 7#c7 the heads of other ,federal agencies with experience using distributed ledger technology2 and 7#d7 any other stakeholders the ,secretary determines appropriate4 7d7 ,report ,not later than one year after the date of the enactment of this ,act1 the ,secretary shall submit to the ,committees on ,veterans' ,affairs of the ,senate and ,house of ,representatives a report on the findings of the study under subsection 7a74 ,such report shall include each of the following3 7#a7 ,the findings of the study regarding the feasibility of implementing distributed ledger technology in the ,department of ,veterans ,affairs4 7#b7 ,a description of potential benefits and risks associated with the implementation of such technology in the ,department4 7#c7 ,any recommendations of the ,secretary regarding pilot programs or other initiatives that should be implemented to test the use of distributed ledger technology in specific areas of ,department operations1 such as benefits distribution or insurance claims4 7#d7 ,any legislative or administrative actions required to implement such technology in the ,department4 7e7 ,definitions ,in this section3 7#a7 ,the term distributed ledger means a ledger that is-- 7,a7 is shared across a set of distributed nodes1 which are devices or processes1 that participate in a network and store a complete or partial replica of the ledger2 7,b7 is synchronized between the nodes2 7,c7 has data appended to it by following a specified consensus mechanism2 7,d7 publicly accessible or restricted to a subset of participants2 and 7,e7 may require participants to have authorization to perform certain actions or require no authorization4 7#b7 ,the term distributed ledger technology means technology that enables the operation and use of distributed ledgers4 ,october #aj1 #bjbe;,committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed