according to the website - By Cryptos News
Toyota Blockchain Lab has published a new technical document presenting the Mobility Orchestration Network (MON) - a blockchain-based system designed to transform vehicles into financial assets that can be tokenized and sold in global markets. The initiative uses a multi-chain architecture of Avalanche to create verifiable digital identities for vehicles using NFTs, changing the approach to assessment, financing, and management of cars.
Unlike the traditional view of vehicles as individual assets, Toyota's offering positions them as nodes in interrelated trust networks connecting manufacturers, owners, insurers, operators, and regulators. By consolidating legal, technical, and economic proofs, each vehicle will be assigned a mobility-oriented account (MOA) tied to a non-fungible token. This approach will allow investors to view entire fleets as structured portfolios that can subsequently be securitized into tradable tokens, creating a transparent financial structure for electric fleets, autonomous taxis, and logistics operations.
Toyota chose Avalanche for the MON prototype due to its unique ability to support 'an infinite number of level 1s'. This flexibility allows businesses to segment blockchain networks for trust management, utilities, securities, and payments, ensuring scalability and compliance across various industries.
Naohiko Ueno, a member of Toyota Blockchain Lab, spoke about the collaboration with Avalanche, stating:
'Avalanche × TOYOTA Blockchain Lab. With the active support of many, this step has become a reality. As an ambassador of Ava, I feel we have truly made progress.'
Industry publications also noted that Avalanche's expanding presence in corporate networks, including the Toyota initiative, highlights the potential of AVAX in various use cases.
According to the official document, MON addresses the problem of blockchain fragmentation through three 'bridges':
Trust bridge - combines institutional proofs (registration, insurance, compliance) with technical certificates from OEM manufacturers and operational metrics to form each memorandum of understanding (MOA).
Capital bridge - connects verified vehicle portfolios with financial networks, enabling the tokenization of securities and stimulating capital inflow.
Utility service bridge - integrates real usage data (ride-hailing services, charging logs, operational data), strengthening financial trust through efficiency.
Although MON remains in the proof-of-concept stage, it is one of the most detailed attempts to integrate automotive assets with blockchain finance. Toyota emphasized that MON is not a single global chain, but a protocol that allows regional ecosystems to interact, adhering to local regulations and using a common language of trust for cross-border asset flows.
This structure could extend beyond financing to encompass secondary markets - used cars, leasing, and insurance - by optimizing data verification. Previous initiatives, including the KINTO pilot project, a subsidiary of Toyota, for safe driving certification based on NFTs, demonstrated how MON develops a broader Toyota Web3 strategy.
As stated by Toyota Blockchain Lab: 'Mobility is not a static asset, but a network of shared responsibilities. MON lays the foundation for spreading this trust to a global level.'
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