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California DMV will use Tezos to digitize its car title management system

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

California DMV Is Putting Its Titles on the Blockchain

January 27, 2023

In "Bitcoin Cash News"

California DMV Digitizes 42 Million Car Titles with Avalanche Blockchain

California’s Department of Motor Vehicles (DMV) has digitized 42 million car titles using the Avalanche (AVAX) network. This initiative is part of a modernization effort to streamline the state’s title transfer process in collaboration with software development firm Oxhead Alpha. California DMV to Digitize Car Titles According to an Avalanche…

August 4, 2024

In "Crypto Analysis"