Avalanche collaborates with Toyota to develop blockchain infrastructure for autonomous robotaxi services

Foresight News reported, according to Cointelegraph, that Avalanche and Toyota Blockchain Lab are jointly developing the "Mobility Orchestration Network" (MON), aiming to create blockchain infrastructure for autonomous robotaxi fleets. This network, based on Avalanche's multi-chain architecture, will support functionalities such as vehicle financing, ride-sharing, insurance, and carbon credit tracking, while also streamlining secondary market ownership transfers. Roi Hirata, Head of Ava Labs Japan, stated that in the future, investors will be able to raise funds and track robotaxi operations via blockchain, enabling a fully on-chain business model.