Toyota’s IT arm works on digital token pilot with crypto exchange

Another automotive company is moving into crypto. Toyota Systems, the IT arm of Toyota Motor Corporation, is collaborating with Japanese cryptocurrency exchange DeCurret to develop a branded Toyota digital currency, according to an official announcement on Oct. 26. The large-scale pilot will involve 2,500 employees at Toyota Systems. The platform will feature digital currency payments […]

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VeChain offers services to 130 firms in China as food safety alliance member

The platform plans to assist in “building a from-farm-to-table traceability system” across China. The VeChain Foundation has joined the China Animal Health And Food Safety Alliance as a council member.  According to a Sept. 17 announcement, VeChain is “the sole public blockchain technology provider in the alliance” and will offer technical and infrastructure support. There […]

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Porsche Backs Blockchain Platform for Vehicle Management in $6M Funding Round

Blockchain startup Gapless has raised $6 million from investors, including world-famous car manufacturer Porsche. Porsche has participated in a 5.5 million euros ($5.9 million) funding round for a German startup Gapless — the developer of a blockchain-based vehicle management system. Among other contributors, Gapless saw FinLab EOS VC Fund, a joint venture between and […]

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Top 50 Canadian Co-op Streamlines Supply Chain with Blockchain Tech

One of Canada’s top 50 companies is embracing blockchain technology to streamline its complex supply chain. Federated Co-operatives Limited, or FCL, one of Canada’s 50-largest companies, has partnered with blockchain-based supply chain middleware platform, Morpheus.Network. FCL plans to integrate distributed ledger technology, or DLT, based tracking. This will be deployed across its diverse supply chain, […]

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