California digitizes ownership certificates for 42 million vehicles

Odaily News Oxhead Alpha announced today that it has digitized 42 million vehicle titles for the California Department of Motor Vehicles (DMV) on Avalanche. Vehicle owners will soon be able to claim digital titles with verifiable credentials in minutes through the DMV’s secure mobile wallet app. The escrowed Avalanche blockchain smart contracts mediate title transfers, allowing consumers to track and manage their vehicle titles digitally, reducing trips to the DMV and post office. Additionally, the blockchain technology can provide an early warning system for lien fraud and an immutable ledger.