{"id":546278,"date":"2023-02-01T09:27:39","date_gmt":"2023-02-01T06:27:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/toyota-to-explore-blockchain-use-cases-via-dao-hackathon\/"},"modified":"2023-02-01T09:27:39","modified_gmt":"2023-02-01T06:27:39","slug":"toyota-to-explore-blockchain-use-cases-via-dao-hackathon","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/toyota-to-explore-blockchain-use-cases-via-dao-hackathon\/","title":{"rendered":"# Toyota to explore blockchain use cases via DAO hackathon"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26ec34463cf\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26ec34463cf\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/toyota-to-explore-blockchain-use-cases-via-dao-hackathon\/#%E2%80%9D_Toyota_to_explore_blockchain_use_cases_via_DAO_hackathon_%E2%80%9C\" >&#8221; Toyota to explore blockchain use cases via DAO hackathon &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Toyota_to_explore_blockchain_use_cases_via_DAO_hackathon_%E2%80%9C\"><\/span>&#8221; Toyota to explore blockchain use cases via DAO hackathon &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvZWNkMWZlNDMtNTZlNS00MmViLWIwMzMtZGFhNTlmM2UzOTdkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a4050f8>Automotive giant Toyota is delving deeper into blockchain use cases through its involvement with a Web3 hackathon for decentralized autonomous organization (DAO) developers.<\/p>\n<p>On Feb. 1, multi-chain smart contract and decentralized <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lication (dApp) network Astar <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/astar-network\/announcing-web3-hackathon-on-astar-sponsored-by-toyota-motor-corporation-fb5994428b2f\">announced<\/a> its inaugural Web3 hackathon. The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> of note, however, was that it&#8217;s being supported by the Toyota Motor Corporation.<\/p>\n<p>Founder of the Astar Network, Sota Watanabe, commented on the significance of Toyota\u2019s involvement in the initiative:<\/p>\n<blockquote><p>\u201cDuring the event, we aim to develop the first PoC (Proof of Concept) DAO tool for Toyota\u2019s employees. If a good tool is produced, Toyota employees will interact daily with products on Astar Network.\u201d<\/p><\/blockquote>\n<p>It is Toyota\u2019s first Web3 event as the multinational vehicle company looks to emerging <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> to \u201csupport its vision of improving the company\u2019s operations,\u201d the announcement noted.<\/p>\n<p>The Astar Foundation is pledging $100,000 in funding for the event which will go towards rewards for winning projects selected by Toyota.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Finally!<br \/>We\u2019re incredibly excited to announce\u2026<\/p>\n<p>The       !<\/p>\n<p>Learn how the world\u2019s largest car company is building on Astar:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/xDLE6XPwsx\">https:\/\/t.co\/xDLE6XPwsx<\/a><\/p>\n<p>\u2014 Astar, Future of Smart Contracts for Multichain (@AstarNetwork) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AstarNetwork\/status\/1620596986616627201?ref_src=twsrc%5Etfw\">February 1, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Event participants will develop all of their products on the Astar Network, a Japan-based layer-1 blockchain. The hackathon will be hosted in Astar\u2019s Polkadot-based Metaverse, COZMISE.<\/p>\n<p><strong><em>Related:<\/em><\/strong><strong><em> <\/em><\/strong><strong><em>BMW taps Coinweb and BNB chain for blockchain loyalty program<\/em><\/strong><\/p>\n<p>It is not the first time Toyota has dabbled in crypto and the blockchain. In 2020, the IT division of the automotive giant teamed up with Japanese crypto exchange DeCurret to develop a branded Toyota digital token.<\/p>\n<p>Toyota established a blockchain lab in 2020 to explore the future of distributed ledger technology and its role in the automotive industry.<\/p>\n<p>Astar (ASTR) prices surged 10.5% on the news to trade at $0.06 at the time of writing. The token has gained 53% over the past month but remains down 86% from its all-time high.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/toyota-to-explore-blockchain-use-cases-via-dao-hackathon\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Toyota to explore blockchain use cases via DAO hackathon &#8220; Automotive giant Toyota is delving deeper into blockchain use cases through its involvement with a Web3 hackathon for decentralized autonomous organization (DAO) developers. On Feb. 1, multi-chain smart contract and decentralized application (dApp) network Astar announced its inaugural Web3 hackathon. The news of note,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":546279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/ecd1fe43-56e5-42eb-b033-daa59f3e397d.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,83644,77201,74355,117,20618],"class_list":["post-546278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-hackathon","tag-toyota","tag-adoption","tag-business","tag-japan"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/546278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=546278"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/546278\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/546279"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=546278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=546278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=546278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}