In April 2019, Toyota Blockchain Lab was introduced by the finance wing of Toyota Motor Corporation. The Toyota Blockchain Lab is testing blockchains potential for the past several months, and now the company is looking to extend the projects impact across the company. The Blockchain Lab is looking to explore more opportunities. However, it will mainly be applied to the main departments. Toyota looking to boost its involvement in transportation as an ecosystem by becoming a
Mobility Company.
Can blockchain help the company to achieve its goals?
It can and you should know that if blockchain has so many potentials to be used in any sector. As far as i know the complexity of the blockchain makes this technology can be built into the various thing depends on what platform that will be developed by the team. It's possible to use blockchain for that sector but again that still needs research and development consider about we must find a good mechanism to implement blockchain into that sector.