Ava Labs Partners With Togg EV Maker To Build Mobility Services

Ava Labs partners with Togg EV maker to build smart contract-based mobility services and the partnership also aims to fast-track Togg’s use cases that involve producing cars with more functionalities so let’s read more today in our latest blockchain news.

Turkey’s electronic vehicle manufacturer Togg announced a new partnership with Ava Labs in order to design and build smart contract-based services that will improve autonomous mobility. Togg’s collaboration with Ava Labs will bring a team to support the development of the Avalanche public blockchain was revealed a the CES 2022 event in Las Vegas. As Ava Labs partners with Togg, the partnership aims to fast-track the use-case mobility initiative that combines different technologies and transportation solutions and to produce cars with even more functionalities compared with traditional EVs.

Tesla will make some merch buyable with Doge & see how it goes

— Elon Musk (@elonmusk) December 14, 2021

Togg has been exploring use-cases around blockchain and related technologies for more than a year. With Ava Labs partnership, Togg intends to infuse the internet of things and machine-to-machine communication and to expand its EV capabilities. Togg will implement the smart contract and blockcahin technology so that the users can pick up their reserver vehicle or taxi while charging their EVs and enable seamless mobility according to CEO Gurcan Karakas:

“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.”

DOGEUSD 1-hour candle chart (Bittrex). Source TradingView

Ava Labs’ partnership will allow Togg to store vehicle maintenance and parts information over the Avalanche blockchain that will find to reliable second-hand market. Back in December, DOGE’s price increased by 25% soon after Tesla and SpaceX CEO Elon Musk announced more plans to accept DOGE for Tesla merchandise.

As recently reported, The AVAX Ava labs was chosen for the Mastercard crypto accelerator program as the company chose five new companies to be a part of the Star Path Crypto program. Mastercard is teaming up with five startups to solve the global blockchain challenges as a part of the payment giant’s Start Path Crypto program as the company announced. Mastercard launched the Start Path program in 2014 as a way to help startups scale their businesses easier. Now, the new unit of the platform will be working with smart-contracts platform Ava Labs and its Envel AI-focused mobile banking app, as well as peer-to-peer savings platform Kash but also crypto rewards platform NiftyKey.

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