{"id":253967,"date":"2020-03-16T21:18:18","date_gmt":"2020-03-17T01:18:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=253967"},"modified":"2021-08-27T11:01:48","modified_gmt":"2021-08-27T15:01:48","slug":"toyota-reveals-blockchain-lab-to-expand-offerings","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/toyota-reveals-blockchain-lab-to-expand-offerings","title":{"rendered":"Toyota Reveals Blockchain Lab to Expand Offerings"},"content":{"rendered":"<p>Japanese car manufacturer Toyota revealed that it has been developing a Blockchain Lab ever since April of 2019. The group intends to verify &#8220;the usefulness of the technology through demonstration trials, and global collaboration with Group companies,&#8221; <a href=\"http:\/\/www.jcnnewswire.com\/pressrelease\/57825\/3\/\">a post from the group reports<\/a>.<\/p>\n<p>The goal, of course, is to improve the company&#8217;s network with a technology that will help open the connection between corporations and people.<\/p>\n<p>This lab is meant to &#8220;expand collaborations&#8221; with a variety of companies that partner with Toyota. They will look into traditional applications of blockchain, such as supply chain or ID on the network.<\/p>\n<p>The post elaborates a little more:<\/p>\n<blockquote><p>&#8220;The progress of the IoT has connected various things and services through information and brought greater convenience and efficiency. On the other hand, it has increased the importance of responding to security concerns such as information leakage, tampering, and unauthorized use.&#8221;<\/p><\/blockquote>\n<p>Other companies around the world are getting into blockchain technology. For example, Aviation Cargo is looking to develop a network, <a href=\"https:\/\/insidebitcoins.com\/news\/blockchain-based-operation-optimization-could-save-aviation-cargo-space-400-million-annually\/253913\">which would save them tons of money<\/a>. KLM is another company <a href=\"https:\/\/insidebitcoins.com\/news\/klm-to-employ-blockchain-platform-for-inter-company-payment-solutions\/252899\">looking to take advantage of blockchain<\/a>, as InsideBitcoins has previously reported.<\/p>\n<p>These groups and others getting involved in blockchain are exactly what&#8217;s necessary to expand the technology into the mainstream.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Japanese car manufacturer Toyota revealed that it has been developing a Blockchain Lab ever since April of 2019. The group intends to verify &#8220;the usefulness <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/toyota-reveals-blockchain-lab-to-expand-offerings\" title=\"Toyota Reveals Blockchain Lab to Expand Offerings\">[&#8230;]<\/a><\/div>","protected":false},"author":1722,"featured_media":216630,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[5357,4453],"class_list":["post-253967","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-blockchain","tag-toyota"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Toyota Reveals Blockchain Lab to Expand Offerings - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Japanese car manufacturer Toyota revealed that it has been developing a Blockchain Lab ever since April of 2019.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253967\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toyota Reveals Blockchain Lab to Expand Offerings\" \/>\n<meta property=\"og:description\" content=\"Japanese car manufacturer Toyota revealed that it has been developing a Blockchain Lab ever since April of 2019.\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-17T01:18:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-27T15:01:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/03\/Toyota-Stock-Price-Analysis.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"420\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Max Moeller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@maxemole\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Max Moeller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253967#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253967\"},\"author\":{\"name\":\"Max Moeller\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/40e2bb7ce5197525f89f809b68ffe13f\"},\"headline\":\"Toyota Reveals Blockchain Lab to Expand Offerings\",\"datePublished\":\"2020-03-17T01:18:18+00:00\",\"dateModified\":\"2021-08-27T15:01:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253967\"},\"wordCount\":215,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253967#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2019\/03\/Toyota-Stock-Price-Analysis.jpeg\",\"keywords\":[\"blockchain\",\"Toyota\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253967#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253967\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/253967\",\"name\":\"Toyota Reveals Blockchain Lab to Expand Offerings - 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