Togg, a Turkish EV manufacturer, has established a strategic partnership with Ava Labs to create mobility blockchain solutions, The partnership aims to create and deliver safe and secure mobility services driven by smart contracts.
At the CES 2022 show in Las Vegas, Togg announced his collaboration with Ava Labs, a company dedicated to supporting and growing the Avalanche public blockchain.
The agreement, according to Cointelegraph Turkey, intends to accelerate Togg’s Use-Case Mobility program, which combines various technologies and transportation solutions to create cars with more functionality than typical EVs.
Togg has been researching blockchain and similar technologies in EVs for more than a year, according to the official release. Togg plans to use Ava Labs’ relationship to expand and accelerate its EV capabilities by including Internet of Things (IoT) and machine-to-machine (M2M) connectivity.
Togg will leverage smart contracts and blockchain technology to enable consumers to pick up a pre-booked scooter or cab while charging their electric vehicles, providing for seamless mobility. Togg’s CEO, Gürcan Karakaş, stated:
“Our collaboration with Ava Labs is built on taking the experience of Togg users to the next level, going beyond automobiles to empower partners, users and non-Togg users across the mobility ecosystem to benefit from this platform.”
Furthermore, Togg’s cooperation with Ava Labs will let it keep car maintenance and components data on the Avalanche blockchain, which will be essential for a dependable second-hand market.
About Togg and Ava Labs
In December 2019, Togg, a company created in 2018, unveiled Turkey’s first electric automobile model, with production slated to begin in 2022. The company also develops innovative technology, services, customer experiences, and business strategies.
By 2030, it hopes to have produced one million linked electric car models based on a single platform. Ava Labs, founded by Cornell computer scientists, makes it simple to create decentralized apps with Avalanche, the industry’s fastest smart contract platform.