Oxhead Alpha and Tezos Helping Californias Motors Department to Implement Blockchain for Record Keeping

The California Department of Motor Vehicles intends to adopt blockchain technology for keeping records, which will include issuing automobile ownership and simplifying exchanges of such ownership.

Timeline of Tezos

The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company, aims to allow users to transfer titles as NFTs in the future.

Tezos [XTZ] in its 134th issue of The Baking Sheet revealed several new updates that happened in its ecosystem over the last few days. The most prominent one was the Mumbai proposal entering the phase for voting.

Tezos (XTZ) network is readying itself for its latest upgrade, called the ‘Mumbai Upgrade.' On January 17, Nomadic Labs, which is a blockchain developer within the Tezos community, mentioned the Tezos protocol proposal, Mumbai, which is headed toward the implementation process.

Crunchy, a popular DeFi development team on Tezos (CRYPTO: XTZ), announced the development of the blockchain network's first decentralized fractional NFT platform, sliced.art. .@CrunchyTez , the team behind one of the most popular Tezos-based DeFi platforms is developing the first decentralized fractional NFT platform on #Tezos.

Tezos co-founder Kathleen Breitman talks about how the Tezos blockchain has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt's Stephen Graves onstage at Web Summit in Lisbon.

Kathleen Breitman, CEO of the Luxembourg-based blockchain platform, discusses why the collapse of FTX is a “massive distraction” for the industry but has made it prime time for hiring developers.

The turbulent happenings around the crypto market may have sent the industry three steps back but not for Tezos [XTZ]. This is because the self-upgradeable blockchain ensured that it went ahead with its 12th protocol upgrade.

The latest Tezos price analysis suggests a bearish trend for today and supports sellers as the price has undergone a considerable decrease since 11th December. This is a worrisome sign for cryptocurrency, as the price has lowered to the $0.

Tezos price analysis is highly bullish as a tremendous increase in price has been observed today. An uptrend has been following quite consistently since yesterday, and the price has been traveling in the upward direction quite steadily.

Tezos price analysis for December 04, 2022, reveals the market following a bearish movement, obtaining some negative momentum, signifying a loss of positivity for the XTZ market. The price of Tezos has remained negative over the past few hours.