Toyota’s IT arm exploring digital currencies and blockchain
Toyota Systems has partnered with digital currency exchange DeCurret on the pilot, which will see the participation of the company’s 2,500 staff members.
Toyota Systems has partnered with digital currency exchange DeCurret on the pilot, which will see the participation of the company’s 2,500 staff members.
Seven companies are reportedly preparing to invest in the new platform, which relies on blockchain technology to secure recorded data against risks from external tampering and unauthorized access.
Toyota has launched its blockchain lab which has been in the works since April 2019. It’ll develop solutions for verification, supply chain management and more.
Toyota has partnered with blockchain ad analytics firm Lucidity and ad agency Saatchi & Saatchi to track the performance of online ads.