California DMV Plans to Use Blockchain Tech to Maintain Records

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Californiaโ€™s Department of Motor Vehicles (DMV)ย has plansย underway to apply blockchain technology to help in its recordkeeping, including car ownership transfers as well as licensing and registration of new cars and drivers. ย The DMV has collaborated with an open-source company, Tezos blockchain, to execute peer-to-peer business undertakings and be a platform used to deploy smart contracts. These sentiments were mentioned byย Fortuneย magazine.

The DMV in California, plus a blockchain software enterprise called the Oxhead Alpha and Tezos,ย announcedย a proof-of-concept program that will enable the California DMV to title vehicles as ofโ€ฆ

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