Veterans Affairs Distributed Ledger Innovation Act of 2024

HR 9216, the Veterans Affairs Distributed Ledger Innovation Act of 2024, requires the Department of Veterans Affairs (VA) to study whether distributed ledger technology (like blockchain) could improve veterans' benefits and services. The VA must examine how this technology might enhance benefits allocation accuracy, secure veterans' records, streamline insurance claims, and increase service transparency, consulting with experts and veterans groups. The study must be completed within one year, resulting in a report to Congress with findings, potential benefits/risks, and recommendations for pilot programs or legislative changes. This bill does not change current VA operations but mandates a review of a new technology for potential future use. It directly affects VA processes and veterans by evaluating tools that could impact their benefit access and record management.