California Embraces Blockchain and NFTs: Pioneering DMV Tokenization Project for Vehicle Titles

California Embraces Blockchain and NFTs: Pioneering DMV Tokenization Project for Vehicle Titles


CryptoGlobe
2023-03-27 14:19:29

In a groundbreaking move, California’s Department of Motor Vehicles (DMV) is set to transform vehicle title management using blockchain technology. California’s Department of Motor Vehicles (DMV) is looking to revolutionize its vehicle title and transfer management system by tokenizing more than 14 million automobiles registered in the state, according to a research report by Bank