CA AB2781

Office of Digital Innovation must study the feasibility and appropriateness of blockchain technology use by the Employment Development Department for identity verification and fraud prevention, subject to available funding

Study must evaluate potential inequities in claims processing and benefits administration that could result from using blockchain technology

Office must report findings to the Legislature by January 1, 2024, including risks, benefits, and considerations for blockchain use by the Employment Development Department

Defines "blockchain" as a mathematically secured, chronological, and decentralized ledger or database

These provisions expire and are repealed on January 1, 2026