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?
Blockchain's technology has a vast number of potentials in which just few have been well leverage. With time, the use of blockchain will shift from just being a technology behind digital currency to a more sophisticated technology that will disrupt many industries and till this happens before we see the mass adoption the blockchain community has been seeking from the outside world for over a long time. If this toyota-blockchain thingy to click, it will bring about more adoption to the blockchain community as the automobile giant company has lot of customer base