California DMV Digitizes 42 Million Car Titles Using Blockchain
Innovative move aims to prevent fraud and streamline vehicle title transfers for over 39 million residents
- The DMV partnered with Oxhead Alpha and Avalanche blockchain to digitize car titles.
- Residents will access digital titles via a mobile app starting early next year.
- Blockchain technology reduces title transfer time from weeks to minutes.
- The initiative is part of Governor Newsom's broader push for blockchain adoption in public services.
- Experts believe this could set a precedent for other government sectors.