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California DMV Test Drives NFT Title Deeds For Car Owners; Are NFTs A Buy Now?

California DMV Test Drives NFT Title Deeds For Car Owners; Are NFTs A Buy Now?

The California Department of Motor Vehicles is testing nonfungible token (NFT) car titles. With NFTs, the DMV hopes to make the grind of title transfers and other administrative tasks faster, according to a CoinDesk report. NFTs are on a blockchain.