Toyota is intensifying its efforts to integrate blockchain technology into the future of mobility. Through the Toyota Blockchain Lab, the company is investigating how vehicles can be converted into real-world assets (RWAs), enabling tokenization and new forms of digital interaction across the automotive value chain.

Toyota Blockchain Lab has published a white paper on the Mobility Orchestration Network (MON).

The initiative focuses on establishing trust and transparency in mobility ecosystems by leveraging blockchain’s immutable and decentralized architecture. Potential applications include tokenized vehicle ownership, secure data exchange, transparent maintenance records, and smart contracts for leasing and insurance.

By positioning vehicles as digitally verifiable assets, Toyota aims to redefine traditional ownership models and support the development of mobility-as-a-service platforms. This approach could not only streamline stakeholder collaboration—spanning manufacturers, service providers, insurers, and regulators—but also unlock new opportunities for innovation in the digital economy.

Toyota’s exploration of blockchain reflects a growing trend across industries to leverage Web3 technologies for asset tokenization. The company’s research signals a potential shift in how automobiles are valued, traded, and integrated into next-generation mobility services.