Shortly after the California Department of Motor Vehicles (DMV) and Oxhead Alpha said it had successfully launched the proof-of-concept phase, the DMV, on Jan. 26, said it would begin digitizing car titles and title transfers in a pilot on Tezos, an open-source blockchain. The chief digital officer of DMV, Ajay Gupta, said the department aims to change its lackluster disposition to technological innovation by working with partners. The goal is to launch a shadow ledger within the next three months. The DMV hopes to launch and coordinate digital wallets and non-fungible tokens (NFTs) to hold and transfer car titles. California supports crypto The DMV’s initiative to
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Author: NixCoin