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🚗🔗 Toyota Is Exploring Blockchain for Tokenizing Vehicles as RWAs

Toyota is experimenting with whether blockchain technology can make vehicles real-world assets (RWAs) that can be tokenized and traded on-chain. By linking vehicles to a decentralized ledger, ownership, leasing, and usage rights may be represented in digital form, allowing for clearer and more efficient transactions. The action is part of the trend by international automakers to explore Web3 integration. ⚡

In the future, the effect might be massive. 🌍Tokenized vehicles could open up fractional ownership new financial models, and borderless access to car investments. If it works, Toyota's blockchain project could redefine not just car ownership but the wider mobility economy, connecting legacy industries with decentralized finance. 🚀