The partnership with Metaco will include using its digital asset custody and orchestration system, Harmonize, to safeguard the custody and governance of Toggs digital assets. 641 Total views 17 Total shares Listen to article 0:00 News Own this piece of historyCollect this article as an NFT Turkish automotive company Togg announced a partnership with Metaco a digital asset custody and orchestration system provider to secure its open mobility ecosystem built on Avalanche.
Toggs mobility-as-a-service platform aims to deliver smart contract-powered use cases including tokenization of mobility services, assessment of CO2 footprint and nonfungible tokenownership for users in Turkey and Europe.
The partnership with Metaco will see the use of its digital asset custody and orchestration platform, Harmonize, to safeguard the custody and governance of Toggs digital assets. Sharing insights on the initiative, Togg CEO Mehmet Grcan Karaka? stated:Blockchain-enabled digital tokens allow data and other assets to be stored and transferred in a fast, secure, and green way. By leveraging technology from Metaco, we make this possible.
Hosted over IBM Cloud, Metacos platform provides Togg with total control of its encrypted data, workloads and encryption keys. According to the announcement, Harmonize is equipped with compliance standards used by Tier 1 banks dealing with digital assets.Cast your vote now!
German car manufacturer BMW recently onboarded two blockchain firms to improve its customer loyalty program in Thailand. On Dec. 29, 2022, BMW announced partnerships with blockchain infrastructure firm Coinweb as its decentralized architecture provider and BNB Chain for settling transactions.
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The initiatives first phase focuses on integrating decentralized tech into automating BMWs daily manual operations. The projects second phase would see Coinweb develop a customized Web3 application for BMWs customer loyalty program. #Blockchain #Business #Europe #Turkey #IBM #Cloud Services #Cloud Storage #Avalanche Related News What is Solana (SOL) Pay, and how does it work? Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market OKX cites intermittent outage amid Alibaba Cloud equipment anomaly Mastercard partners with Polygon to launch Web3 musician accelerator program Wyre imposes up to a 90% withdrawal limit for all users
