TL;DR
The DMV’s new partnership with Avalanche goes to streamline the title & registration switch course of, reducing required bodily appointments and bringing 42M Californian drivers onchain within the course of.
Full Story
Do you know all of the dreary, soulless workplace scenes from Struggle Membership have been based mostly on the director’s expertise on the DMV?
How did we study that?
We didn’t. We simply made it up. However you believed it as a result of everybody is aware of the DMV is a hellscape (with paperwork).
Excellent news for these of you in California: these visits to the DMV are about to be closely lowered, due to the division’s new partnership with Avalanche.
Right here’s an A/B comparability of the previous/new expertise:
A) The Previous Approach
You purchase a second hand automobile (good!)
To switch the title and registration, you could go to the DMV or Publish Workplace and supply some or all the following paperwork…
Accomplished Software for Title or Registration (Kind REG 343), car’s out-of-state title, car’s out-of-state registration, proof of insurance coverage, legitimate smog certificates, VES assertion…
* Deep inhale of breath *
California Certificates of Title or an Software for Alternative or Switch of Title (REG 227), signatures of vendor(s) lien holder (if any) and purchaser(s), and cost for the switch charge.
B) The New Approach
Most of that’s logged, verified, and up to date on the blockchain, so while you wish to switch a title and registration…
You simply fill out a digital switch kind and click on a button to signal within the DMV app.
It’s an enormous step in the direction of change for Californian drivers; and it’ll carry 42M new customers onchain in a single fell swoop.
We like to see it.
