Today, Japanese automaker Toyota announced its Toyota Blockchain Lab plans to run trials with external partner companies. The new collaboration focus follows internal group testing, which involves six Toyota companies.
Toyota Motor Corporation and Toyota Financial Services Corporation launched Toyota Blockchain Lab in April 2019. The automaker said it aims to become a ‘Mobility Company’. This initiative is in addition to its ‘Woven City’ smart city project.
The Lab has four focus areas, with one of the biggest being identity. After the announcement, BUIDL a blockchain startup owned by Securitize, provided some details about its work with the Toyota Blockchain Lab.
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