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Use Case DMV Titles and Transfers
Mohan edited this page Apr 13, 2016
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Car Ownership titles are records of auto-mobile ownership. When and auto-mobile is sold, the title has to be transferred as well to the new owner. In some cases the assigned titles may be held by a bank as lien towards the loan. The other day, I noticed a colleague struggle with title transfer from one owner to the other.
Blockchain is a good way to represent titles, ownership, transfers across state boundaries and DMVs. It also facilitates other applications around law-enforcement, levying property taxes, used auto-mobile valuations when combined with vehicle history and other records.