Toyota Leverages Astar Network Hackathon to Test Blockchain Use Cases
- Toyota is currently researching use cases for blockchain technology.
- This giant automaker turned to Astar Network for its Web3 hackathon.
- Astar has also cooperated with major Japanese companies.
Toyota, the world’s largest automaker, is conducting empirical research into the application of blockchain technology. As part of this effort, the company is sponsoring his Web3 Hackathon on his multi-chain smart contract network, Astar Network.
At Astar Network, one of the first parachains to join the ecosystem, developers plan to create support tools for their internal decentralized autonomous organizations (DAOs).
With the help of this solution, Toyota will be able to make better decisions for the company and manage the team more effectively. Astar Network founder Sota Watanabe said in his statement:
Furthermore, Mr. Watanabe
Toyota employees will be interacting with Astar Network on a daily basis once good tools are developed, but while this is an exploratory stage, blockchain technology in cars could be possible in the future.
This isn’t the first time Astar has worked…
The post first appeared in Coin Edition where Toyota utilizes Astar Network Hackathon to test blockchain use cases.
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