Toyota Unveils Blockchain Framework to Turn Vehicles Into Tradeable Digital Assets

Toyota Blockchain Lab has released a white paper detailing the Mobility Orchestration Network (MON), a blockchain system that would transform vehicles into real-world assets tradeable across financial markets. Built on Avalanche’s multi-chain architecture, MON aims to create digital identities for vehicles through NFTs, enabling investors to treat vehicle fleets as structured portfolios that can be securitized into tokens. Toyota Redefines Vehicles as Trust Networks The proposal positions vehicles not as isolated assets but as nodes within a network of manufacturers, owners, insurers, operators, and regulators. MON aims to consolidate legal, technical, and economic proofs into verifiable digital identities linked to each vehicle through non-fungible tokens (NFTs) source: https://beincrypto.com/toyota-blockchain-lab-mon-mobility-trust-networks/