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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Cryptocurrency News From Japan: March 15-21 in Review

Institutions partner with blockchain startup, Toyota builds a blockchain identity platform, & more headline news from Japan this week. This week’s headlines from Japan included exchange self-regulatory organization, JVCEA, suggesting guideline changes, financial institutions collaborating with a blockchain startup for asset management, GMO Coin exchange listing BAT, and news that Toyota has built a blockchain-based […]

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Toyota Reveals Blockchain Lab After 11 Months of Research

Toyota has been working on initiatives to develop a wide-ranging transportation platform, through its previously unannounced Toyota Blockchain Lab. Toyota Motor Corporation, along with Toyota Financial Services Corporation, unveiled its Toyota Blockchain Lab, March 16, comprising six Toyota Group companies. The lab is exploring what the future of the automotive industry may look like. Established […]

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Japan to Solarize Its Burgeoning Digital Economy, Expert Take

A look at green policy and crypto energy consumption in Japan. Society is now witnessing the implementation of digital currencies, artificial intelligence (AI) and blockchain technology worldwide. These new digital technologies necessitate very high consumption of electric energy, which is currently produced with coal and fossil fuels that have adverse environmental effects. A global shift […]

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