Skip to content

The Art of The Bubble

Trading Bitcoin, Cannabis and Everything Bubbly…

  • About Us
    • Welcome
    • Contact Us
    • Disclaimers
      • Results are not typical
      • Privacy Policy
  • Art of the Bubble Series
    • An Absolute Beginner’s Guide
      • Lesson 0: Why Doesn’t Everyone Do This?
      • Lesson 1: The Mechanics of Exchanges and Trades
      • Lesson 2: The Structure of the Stock Market
      • Lesson 3: The Structure of Stock and Crypto Indices
      • Lesson 4: How to Identify the Value of Stocks
      • Lesson 5: Bitcoin’s Intrinsic Value
      • Lesson 6: Why People Feel Good About 80% Losses (And How To Avoid That)
      • Lesson 7: Trading Momentum
      • Lesson 8: A 3-Step Method For Late-Start Trades
      • Lesson 9: The Simplest Way to Make Money During a Bitcoin Crash
      • Lesson 10: How to Make Money During a Crash
      • Lesson 11: What To Do When You’re Late To Exit A Crash
    • The Art of the Bubble
      • Lesson 1: Don’t Try to guess the Top
      • Lessons 2 and 3: An Introduction to Momentum Methodology
      • Lesson 4: Learn to Use Lead Indicators
      • Lesson 5 – Why Only Big Bubbles Will Change Your Life
      • Lesson 6: Use Relative Risk Assessments To Determine If You Should Trade A Bubble
      • Lesson 7: Level one strategy is the big picture
      • Lesson 8: How To Use Internal Leverage and Psychological Dynamics
      • Lesson 9: How The Broader Economic Environment Structures Your Trades
      • Lesson 10: How To Distinguish Bubbles (And How To Trade Them)
      • Lesson 11: The Art of the Crash
      • Lesson 12: Learn How To Scale Your Trades
      • Lesson 13: How To Trade A Bubble Bounce
      • Lesson 14 – Learning To Use Uncorrelated Assets
      • Lesson 15: How to Defeat The Paradox of Investing
      • Lesson 16: How To Trade as a Crypto Maxi
    • Portfolio Optimization
      • Lesson 1: The Secret to 10x Outperformance Over Bitcoin
      • Lesson 2: Statistical v. Logical Optimization
      • Lesson 3: Strategy Diversification
      • Lesson 4 : Relative Performance Analysis
      • Lesson 5: How To Make Money in All Crypto Seasons
      • Lesson 6: The Dumbest Way to Improve Your Investments
      • Our Model
  • DISCORD
  • Log In
    • Account
    • Bubble Rider Report
      • Bubble Rider – Stock Ticker
        • Bubble Rider – Stock Ticker Archives
      • Bubble Rider Report – Archives
    • Crypto Rider Report
      • Crypto Ticker
        • Crypto Ticker Archives
      • Crypto Rider Report – Archives
    • DIY-er Report
      • DIY-er Ticker
        • DIY-er Ticker Archives
      • DIY-er Report – Archives
  • Free Newsletter
Watch Online
  • Home
  • 2023
  • January
  • The California Department of Motor Vehicles Introduces Their Take On Blockchain Technology

The California Department of Motor Vehicles Introduces Their Take On Blockchain Technology

1 min read

January 29, 2023

Blockchain technology is a revolutionary form of an advanced database mechanism that has allowed greater transparency, increased efficiency and most importantly, enhanced security. Recently, the Department of Motor Vehicles in California plans to use blockchain technology for record keeping, including the issuance of car ownership and simplifying transfers of such ownership.

  • The DMV has tapped a private fork of the Tezos blockchain, an open-source blockchain that can execute peer-to-peer transactions and serve as a platform for deploying smart contracts.
  • The move is part of a collaboration between the California DMV, Tezos and blockchain software firm Oxhead Alpha, which announced the successful completion of a proof-of-concept blockchain-based vehicle titling solution on January 25, 2023.
  • The chief digital officer at the California DMV also stated that the agency also aims to build consumer-facing applications, including digital wallets that hold car title NFTs.

Overall, Blockchain technology is extremely innovative because of how versatile it can be. This form of technology can be introduced in different sectors such as smart contracts, healthcare, and insurance. Since decentralized blockchain data is irreversible, it gives security a whole different meaning. If the California DMV is successful in using blockchain technology, it will allow a much faster and efficient way of issuing car ownership and much more. 

If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.

Join us on Discord for live chat and daily updates. Find us on Twitter too.

Tags: blockchain crypto investing crypto news

Continue Reading

Previous: Cryptocurrency, Bubbles, And Financial Freedom: Some Perspective On Where We Are Now
Next: One Down, Eleven To Go: Performance Review; Good Strategy Outperforms Big Money For January.

Related Stories

U.S. Regulators Crack Down On Crypto Firms Yet Bitcoin’s Price Spiked In Just One Day 
1 min read

U.S. Regulators Crack Down On Crypto Firms Yet Bitcoin’s Price Spiked In Just One Day 

USDC Is Back To Being The Top Token On The Ethereum Blockchain 
1 min read

USDC Is Back To Being The Top Token On The Ethereum Blockchain 

No New Additions To Our Portfolio As Momentum Continues to Decrease In The NFT Market 
1 min read

No New Additions To Our Portfolio As Momentum Continues to Decrease In The NFT Market 

View Subscriber Plans

  • U.S. Regulators Crack Down On Crypto Firms Yet Bitcoin’s Price Spiked In Just One Day 
  • USDC Is Back To Being The Top Token On The Ethereum Blockchain 
  • No New Additions To Our Portfolio As Momentum Continues to Decrease In The NFT Market 
  • Our Strategies Continue To Output Positive Numbers While ‘Smart Money’ Has Yet To Make A Comeback
  • Amazon Prepares To Enter The World of NFT’s Mid-Spring With Fifteen NFT Collections: Here’s What We Know

You may have missed

U.S. Regulators Crack Down On Crypto Firms Yet Bitcoin’s Price Spiked In Just One Day 
1 min read

U.S. Regulators Crack Down On Crypto Firms Yet Bitcoin’s Price Spiked In Just One Day 

USDC Is Back To Being The Top Token On The Ethereum Blockchain 
1 min read

USDC Is Back To Being The Top Token On The Ethereum Blockchain 

No New Additions To Our Portfolio As Momentum Continues to Decrease In The NFT Market 
1 min read

No New Additions To Our Portfolio As Momentum Continues to Decrease In The NFT Market 

Our Strategies Continue To Output Positive Numbers While ‘Smart Money’ Has Yet To Make A Comeback
1 min read

Our Strategies Continue To Output Positive Numbers While ‘Smart Money’ Has Yet To Make A Comeback

  • About Us
  • Art of the Bubble Series
  • DISCORD
  • Log In
  • Free Newsletter
Copyright © All rights reserved. | DarkNews by AF themes.