• The California DMV is partnering with Tezos and Oxhead Alpha to create a private blockchain to manage vehicle titles.
• The distributed ledger would help the DMV combat title fraud and enable owners to transfer ownership of vehicles through the blockchain.
• Blockchain tech is being embraced by both private and public institutions for its potential use cases in government.
The California Department of Motor Vehicles (DMV) is taking a leap into the world of blockchain technology. The agency is partnering with Tezos blockchain and crypto software firm Oxhead Alpha to create a private version of the Tezos blockchain to manage vehicle titles.
The distributed ledger would contain all data from the state’s database, which would help the agency combat title fraud. It would also enable owners to transfer ownership of vehicles through the blockchain. This could potentially revolutionize the DMV experience and drastically reduce wait times.
Ajay Gupta, the chief digital officer at the California DMV, revealed the collaboration in an interview with Fortune. Gupta said the agency hopes to create its own „shadow ledger“ in the next three months. After that, the DMV would be ready to build customer-facing applications.
Blockchain technology has become increasingly popular in recent years. It has many potential use cases in government and is being embraced by both private and public institutions. Many experts believe blockchain will play a major role in the future of government technology.
The DMV blockchain network is just one example that highlights the potential use cases for blockchain tech in government. For instance, blockchain software firm ConsenSys details several DLT use cases in government ranging from digital identity management to smart contracts.
The agency hopes the project will help it combat the perception that it’s lagging in tech. If successful, the partnership between the DMV and Tezos could be a turning point in the way the agency operates. Long lines at the DMV may soon be a thing of the past, at least in California.