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VA Looks To Blockchain To Streamline Contract Process

In a bid to relieve one of the paintings desirous about ultimate out contracts, the Department of Veteran Affairs is asking for details about blockchain era.

On June 7, the United States Department of Veteran Affairs (VA) issued a request for information (RFI) relating to how blockchain era might be used to simplify and streamline the dep.’s contract procedures, in particular when contracts are closed out. The RFI specifies that it used to be “issued only for info and making plans functions – it does now not represent a Request for Proposal (RFP) or a promise to factor an RFP one day.”

According to the Performance Work Statement (PWS) launched along the RFI, the close-out procedure recently calls for many repetitive steps to assemble and test pre-existing documented knowledge, and the VA believes that blockchain era could also be a way to relieve virtually all the hard work recently required.

The PWS states that if the VA determines blockchain to be an economical and clear answer, an explanation of thought (PoC) will wish to be evolved. Upon of entirety of the PoC, the VA would factor a file laying out how blockchain era might be applied, a timeline, and a life-cycle price research.

The record is going on to mention:

“If Blockchain era gifts itself as a viable answer, with regards to price effectiveness, pace, and enhanced precision relative to Government contract close-outs, the Government anticipates a follow-on contract to a supplier who has the demonstrated technological experience and revel in to put into effect Blockchain applied sciences into present Department of Veterans Affairs (“VA”) processes and its quite a lot of tool packages.”

This isn’t the primary time the VA has appeared to blockchain era to lend a hand strengthen its provider to US veterans. In January, the VA sought proposals on easy methods to strengthen well being knowledge sharing and interoperability thru blockchain era. 

Nathan Graham is a full-time group of workers creator for ETHNews. He lives in Sparks, Nevada, together with his spouse, Beth, and canine, Kyia. Nathan has a zeal for brand spanking new era, grant writing, and quick tales. He spends his time rafting the American River, enjoying video video games, and writing.

ETHNews is dedicated to its Editorial Policy

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