Avalanche, Toyota Blockchain designing autonomous robotaxi infrastructure
Tokenizing mobility and autonomous robotaxis may be among the next emerging blockchain trends with fully onchain business models.
Avalanche and Toyota Blockchain Lab are planning the future infrastructure necessary for self-deployed, autonomous robotaxi fleets, highlighting another emerging use case for blockchain technology in the future of transportation.
Avalanche and Toyota are researching the creation of a new blockchain layer to “orchestrate trust and unlock mobility’s value” through a blockchain-based intermediary network called the Mobility Orchestration Network (MON).
Built on Avalanche’s multichain infrastructure and Interchain Messaging (ICM), the proof-of-concept aims to enable secure data sharing for vehicle financing, ride sharing, insurance and carbon credit tracking, while streamlining ownership transfers for secondary markets.
