Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jeff John Roberts

THE TRUTH ABOUT: California s dmv is now using blockchain that could be huge - The Untold Story

(Credit: AaronP/Bauer-Griffin/Getty Images)

Many of the trends and ideas that shape America come to California first, so it's worth noting that the state has introduced a big tech upgrade at its Department of Motor Vehicles. As Fortune was first to report, the agency is in the final stages of replicating its title database on the Tezos blockchain and expects to launch consumer-facing applications tied to the blockchain within three months.

In practice, this means California drivers will soon be able to hold their car titles as NFTs in their digital wallets and the DMV will be streamlining the cumbersome process of title transfers. Based on comments from the agency's chief digital officer and from the software firm overseeing the project, the initiative sounds serious—and potentially transformative.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.