Toyota’s blockchain initiative, the Mobility Orchestration Network (MON), has released a white paper detailing its potential for transforming vehicles into financial assets. This novel system leverages Avalanche’s multi-chain architecture to create verifiable digital identities for vehicles using NFTs. These unique identifiers will enable owners and investors to trade and manage vehicles in new ways, opening doors for securitized fleets and innovative financial models for autonomous vehicles, electric taxis, and logistics operations. MON’s approach aims to move beyond traditional views of cars as independent assets by positioning them within interconnected trust networks that span manufacturers, insurers, operators, and regulators. This network will be built on Avalanche, which offers flexibility to create separate blockchain networks for various purposes while ensuring scalability and compliance across industries. The initiative is backed by Toyota’s extensive research in the automotive industry and is presented through a white paper with insights from collaborators like the Toyota Blockchain Lab.