The automotive industry is in the midst of some the most disruptive forces it has seen for decades, and Toyota is making sure it does not get left behind the competition.
The company has recently teamed up with MIT Media lab, as well as 5 other companies, to explore blockchain technology for the development of driverless cars.
Using this technology, Toyota plans to enable businesses and consumers to securely share data in order to help set insurance rates. The firm is also financing a flying car project called “Skydrive” using drone technology, which could be in the air by next year.
