Toyota is moving towards the digital future of mobility. Its research division, Toyota Blockchain Lab, has unveiled the Mobility Orchestration Network (MON) — a system that creates a digital vehicle identity and enables tokenisation.

What is MON

MON, built on Avalanche, integrates three categories of proof: legal (registration, ownership, insurance), technical (VIN, factory data, sensors), and economic (mileage, maintenance, usage). Together they form a “Trust Chain” that guarantees authenticity and transparency.

Why it matters

The initiative addresses major barriers in the industry: fragmented registries, lack of standardisation across companies, and difficulties with cross-border validation. MON functions as a protocol, not a closed platform, making it compatible with existing systems and adaptable to multiple jurisdictions.

Technology and innovation

The system operates through four Avalanche chains — trust, tokenisation, utility, and stablecoin — linked by the ICM protocol for secure communication. Its standout feature, the “Fungibility Ladder,” enables vehicles to evolve from individual NFTs into portfolios and ultimately into securitised assets.

What changes ahead

For drivers, this means more transparent car histories and easier resale. For businesses, new financing models for EV fleets and taxis. For regulators and insurers, instant verification with reduced costs. Ultimately, Toyota is shaping a reality where vehicles are not just means of transport but digital investment assets within the global economy.

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