Storing both permanent and variable data on the card's chip, the card remains with the vehicle from creation to destruction and can only be updated by authorized program administrators. The smart vehicle registration card enables governments to effectively reduce the occurrence of illegal vehicle activity and monitor the activity of vehicles in circulation, production and destruction. It also empowers governments to automate and consolidate vehicle registration information, easily collect registration fees and to follow up on mandatory vehicle service requirements, such as pollution tests. By providing an official means of registration, a secure used vehicle market can be opened and credit for vehicle purchases can be issued. Most importantly, the smart vehicle registration card allows governments to provide vehicle owners with a secure proof of ownership card as well as the peace of mind that goes with knowing their vehicle investments are safe.
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