Oxhead Alpha Digitizes Vehicle Ownership of 42 Million Vehicles on Avalanche Network

IconCryptoNewsTerminal Staff30 Jul, 2024

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Oxhead Alpha Digitizes Vehicle Ownership of 42 Million Vehicles on Avalanche Network

Oxhead Alpha, a blockchain software firm, has digitized 42 million vehicle titles on the Avalanche network. This move is a significant step towards digitizing vehicle ownership and making it more secure and efficient. Vehicle owners in Colorado will be able to verify their titles via the Colorado Department of Motor Vehicle's mobile wallet app. This will make it easier for them to prove ownership of their vehicles and reduce the risk of fraud. The digitization of vehicle ownership is a major step forward for the automotive industry. It is expected to make the process of buying, selling, and owning a vehicle more efficient and secure.

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