Cario
@USDigitalTitle
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Building the future of digital vehicle titling in the US, and revolutionizing gov procurement while we're at it. One state DMV at a time.
New York, NY
Joined November 2024
Imagine a DMV where: - Title transfers happen in minutes, not weeks or months ⏲️ - Fraud risk is all but eliminated 💪 - Dealers/lenders gain the confidence and speed they need to streamline their operations 📈 - Citizens enjoy access to mobile-native digital titles 📜📱
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When citizens go to transact at the DMV (or other gov agency), they are paying for something important - a property right or credential that is backed by the power of the state. These become core building blocks for society. Most of those credentials are still stuck in the
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Government sales cycles are loooong But we are not giving up! Working every day to make on-chain vehicle titling a reality. We owe it to the industry and to all of you to make it so we never have to step foot in the DMV again for titling 🫡
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Strategic meeting today with DMV head. Going through entire state portfolio. Looking at where we can bring RWA titling to in short order!
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Nothing like starting your day by minting an '06 Porsche 911 vehicle title. Congratulations to the new owner!
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A government-backed RWA of 93% of Americans 2nd most valuable asset will be a game-changer for our industry Help us make it a reality! 🚗💨
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We can make state government services work better for all of us (we're focused on titling). All we need is the will! 💪
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History of E-titling: 1989 - First state to adopt and Electronic Lien and Title System, basically a crude bidirectional data flow between a lender (who would be a lienholder on the title) and the state Motor Vehicle Authority By 2025 - 36 States had adopted a form of ELT system
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We are at the DC Blockchain Summit today spreading the good word on REAL blockchain use cases 🤝
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We will be at DC Blockchain Summit next week. Come say hi if you’re around!
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Just landed in beautiful Salt Lake City for AAMVA Workshop and Law 2025. Excited to talk digital titling with colleagues at state DMVs across the country
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Meant to elaborate more on the Carvana whitepaper, it very rightly pointed out the benefits digital titling would bring, and the importance of wide and flexible interoperability in the title itself. They also outlined challenges due to state-to-state jurisdiction differences,ofc
2023 - Carvana publishes its e-titling whitepaper 2024 - Cario publishes our Whitepaper, outlining a vision for e-titling that includes public blockchains for important hashing, and support for future public blockchain Dapps
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Our Co-founder and COO @ShaharAbrams will be speaking Saturday at 11am at the WHALEPool stage at ETHDenver! Go check it out: The Battle for the Soul of the Vehicle Title
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And makes the case for the Vehicle Title to be web3 programmable asset that can unlock waves of innovation in government efficiency and transparency.
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But we think it very importantly calls out the fundamental nature of the problem as one of large-scale coordination, some of which should be public (ie, property rights like the Vehicle Title), and some of which should be private (like Business sensitive and PII data)
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This approach is - of course - not completely open, as the state authority (typically given to an MVA or DMV) still has some rights to govern it, granted by the citizens.
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2023 - Carvana publishes its e-titling whitepaper 2024 - Cario publishes our Whitepaper, outlining a vision for e-titling that includes public blockchains for important hashing, and support for future public blockchain Dapps
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These requirements rightly include the strict remote id proofing reqs, which is commonplace in today's worlds (think logging into IRS or SSA) Now AAMVA can start moving forward with frameworks, in 2021 issues first E-titling whitepaper...
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