The California Department of Motor Vehicles (DMV) plans to use blockchain technology for record-keeping, including the issuance of car ownership certificates and simplifying transfers of such ownership.
The DMV has chosen to use a private fork of the Tezos blockchain, which is an open-source blockchain that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts.
The move is part of a collaboration between the California DMV, Tezos, and blockchain software firm Oxhead Alpha, which recently announced the successful completion of a proof-of-concept blockchain-based vehicle titling solution.
Ajay Gupta, the chief digital officer at the California DMV, hopes that the plans to materialize the title database on blockchain will come to fruition in the next three months.
Following that, the agency also aims to build consumer-facing applications, including digital wallets that hold car title NFTs.
