TLDR Crypto · INNOVATION & LAUNCHES
CALIFORNIA DMV DIGITIZES 42 MILLION CAR TITLES ON AVALANCHE BLOCKCHAIN
Summary from the TLDR Crypto newsletter
California is building a DMV-run blockchain for storing and transferring vehicle titles built using Avalanche L1 technology. Vehicle owners will be able to claim their digital titles in the DMV's mobile wallet app, reducing unnecessary trips to the Post Office and DMV and reducing transfer times from two weeks to a few minutes. It is one of the first projects in California's vision of incorporating blockchain into government operations.