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Avalanche and Toyota Push Blockchain into the Driver’s Seat of Robotaxi Dreams

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Avalanche and Toyota are working on a blockchain network that could power robotaxis.

Avalanche and Toyota Push Blockchain into the Driver’s Seat of Robotaxi Dreams

Avalanche (AVAX-USD) has teamed up with Toyota (TM) (TYIDF) Blockchain Lab to design the backbone of a new kind of transportation. The two companies are working on something called the Mobility Orchestration Network, or MON. This blockchain layer would serve as a trusted system where robotaxis and other autonomous vehicles can share data, transfer ownership, and connect to services like financing and insurance.

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The idea is that everything from payments to carbon tracking could run on the blockchain. Built on Avalanche’s multichain setup, the MON could let robotaxis operate entirely on-chain. This means that investors, operators, and even riders would have a transparent and secure view of how the system works.

Robotaxi Plans Raise the Stakes for Blockchain

One of the biggest use cases for the MON is autonomous robotaxi fleets. Imagine being able to fund a self-driving taxi service directly through a blockchain token system. Roi Hirata, head of Japan at Ava Labs, said the proof of concept could let anyone raise money on-chain, deploy vehicles, and monitor them in real time.

This would make robotaxi services not just futuristic but also investor-friendly. Each vehicle could be tokenized, creating a way for individuals or institutions to own a piece of a fleet and share in its earnings. If this works, it could transform how people think about both transportation and blockchain.

Regulators and Carmakers Still Hold the Keys

Of course, none of this can happen without buy-in from regulators and car manufacturers. Hirata pointed out that every country has its own vehicle record systems, and getting those integrated into a blockchain ledger is no small task. Automakers will need to embrace the idea of using blockchain for official ownership transfers and service records.

This will take time, and it may be the hardest part of making robotaxis a reality. But if Toyota’s involvement is any sign, some big players are already starting to explore what it would take. Regulators will likely need to see working models before granting approval, so pilot programs will be a key next step.

Tokenizing Mobility Creates New Investment Paths

Beyond robotaxis, Avalanche and Toyota see a bigger picture. Mobility itself could be tokenized. This means every vehicle service, from leasing to insurance, could be represented and traded on-chain. Investors could buy into these mobility tokens much like they do with other assets today.

This also ties into Avalanche’s broader push into real-world asset tokenization. Other projects on the network, like Grove’s $250 million plan to tokenize credit assets with Janus Henderson (JHG), show that the platform is already being used for large-scale finance. Adding transportation into the mix could expand that vision into entirely new territory.

Is Toyota a Good Stock to Buy?

Toyota (TYIDF) carries a Hold rating based on 5 analyst reviews in the past three months. Out of those, one is a Buy and four are Holds, with no Sells on the table.

The average 12-month TYIDF price target is $115.94, pointing to about an 8.42% upside from the last close.

See more TYIDF analyst ratings

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