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by whateveracct 1927 days ago
> Imagine if you could transfer car ownership without having to deal with the government or anything else? Just a transaction away.

uh you still have to register with the government, for good reason. and that's not going away.

1 comments

Well, imagine the car maker when creating the car creates a NFT. At that point it's registered and government can read all the details from there.

When it reaches the reseller, it changes hands from the manufacturer to the dealer. Once the dealer sells it, it reaches the owner. At that point, government can still see all the details, transfers and more by just doing queries, instead of relying on people filling out forms.

Or am I missing what you mean?