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California DMV putting vehicle titles on a subnet is innovation theater

It would be harder than putting VINs on a private subnet, but how about allowing vehicle owners to get zero-knowledge proof of ownership on a public chain?

July’s news that the California Department of Motor Vehicles would move vehicle titles to an Avalanche (AVAX) subnet has all the hallmarks of innovation theater, the kind that is counterproductive to crypto adoption.

The value of using blockchain for this kind of application is debatable. Years ago, I too was a fan of using blockchain tech for provenance. But after watching countless valiant efforts (like TradeLens) flounder and being forced to contemplate why, I’ve come to believe any blockchain that’s controlled by a single entity or a handful of legally bound affiliates is just a bad database.

The standard argument in favor of this type of solution states that moving data on-chain improves traceability and transparency. But you can get those benefits from vanilla digitization and services like Carfax have been around for years. Ironically, this particular implementation is on a private subnet.

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California DMV Puts Vehicle Registration System on Avalanche (AVAX) to Prevent Fraud: Report

California DMV Puts Vehicle Registration System on Avalanche (AVAX) to Prevent Fraud: Report

The Department of Motor Vehicles (DMV) for the most populous state in the US is placing its vast and complex vehicle registration system on the blockchain. According to a new announcement from Ava Labs, the development firm behind Avalanche (AVAX) the State of California is using the chain to update its title transfer system. “What […]

The post California DMV Puts Vehicle Registration System on Avalanche (AVAX) to Prevent Fraud: Report appeared first on The Daily Hodl.

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California DMV Is Putting Its Titles on the Blockchain

California DMV Is Putting Its Titles on the BlockchainThe Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company, aims to allow users to transfer titles as NFTs in the future. […]

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