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TOGG and Ava Labs (AVAX) Will Collaborate

TOGG and Ava Labs (AVAX) will collaborate. Turkey’s domestic car TOGG will enter the blockchain world. Here are the details..

Yazar: Eylem Özer

Yayınlanma: 7 Ocak 2022 23:02

Güncellenme: 28 Mart 2024 08:21

TOGG and Ava Labs (AVAX) Will Collaborate

TOGG and Ava Labs (AVAX) will collaborate. Turkey’s domestic car TOGG will enter the blockchain world. A cooperation agreement has been signed between Ava Labs, which develops the Avalanche blockchain platform and the AVAX cryptocurrency, and TOGG. Founded by Emin Gün Sirer, Ava Labs will now develop blockchain technologies for TOGG. A special platform will be created for TOGG. Even those who do not own TOGG will be able to benefit from this platform.

What Will Blockchain Technology Offer?

Thanks to the Togg Navigation system, which has a mixed model called Intermodal, users will have the opportunity to travel using different transportation solutions. After parking their TOGG smart devices at the pre-reserved charging station, users will be able to continue their journey by scooter or get their coffee from the nearby coffee shop. In return for these products and services, TOGG will be able to transact quickly and securely with the blockchain technology and smart contracts used by the smart device. In addition, the maintenance and changed parts of the vehicle will be kept on the blockchain, thus creating a reliable second-hand market.
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