Cario is revolutionizing the car title itself and the platform to transfer it.
Cario is a transparent and secure network that allows radically quicker, cheaper, and safer automotive transactions.
- A digital title dramatically reduces transfer times, lowers cost, and increases visibility for all participants.
- Stop wasting time and money waiting for paper titles to arrive. What used to take weeks can now take minutes.
-
Digitization brings security and transparency
We've created a seamless and secure network to coordinate all parties involved in the process.
Each new digital title issued by the DMV is a unique digital asset and NFT, eliminating friction between drivers, lenders, dealers and DMVs.
Motorists can share proof of ownership easily and securely on any device, anytime.
-
A solution for all stakeholders
The Cario platform seamlessly connects all participants: DMVs, dealers, lenders, insurance agencies, salvage companies, taxing authorities and individual motorists.
-
Solution built on blockchain for nationwide interoperability
The network's unique data structure ensures seamless title transfer between the 51 DMVs, while eliminating title washing and fraud.
-
A distributed ledger built for security and scale
Leveraging the power of distributed ledger technologies (DLT), each vehicle transaction is digitally attested, signed and committed directly by the relevant participants in real-time with world class security.
-
Ensures data autonomy
Member organizations always control their own data and shape their own business rules through a single flexible integration.
-
Built for the future internet economy
The network leverages NFTs to enable powerful new web3-native applications for motorists such as digital fractionalization or collateralization.
