California Uses Avalanche Blockchain to Streamline Vehicle Title Transfers
California’s Department of Motor Vehicle (DMV) is using Avalanche blockchain to fight fraud and smoothen vehicle title transfer process.
In collaboration with Avalanche blockchain and crypto infrastructure firm Oxhead Alpha, California DMV has successfully digitized 42 million car titles. The initiative aims to “modernize” the title transfer process for California drivers and DMV representatives, a joint statement read.
Avalanche posted a video of a scene from Fast and Furious, explaining what traditionally takes 2 weeks, can now be done in minutes. Trusted title transfers have been one of the main challenges for any e-titling solution to succeed, the post read.
“Bringing these titles on to an Avalanche L1 brings full transparency and added security, and will allow vehicle owners to track and manage their pink slip titles digitally.”
What traditionally takes 2 weeks, can now be done in minutes
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