The corporation has presented an updated version of the Toyota Mobility 3.0 concept. According to the developers, the project focuses on studying the mobility of a smart account on the Ethereum blockchain "MOA" (Mobility-Oriented Account). The project involves the creation of digital accounts based on the blockchain for cars manufactured by Toyota. This will enable fully autonomous driving in the future and allow vehicles to interact with the environment in the real world, based on the current generally accepted Account Abstraction standard ERC-4337.
"The most extreme scenario offered by the new functionality involves the creation of technologies for fully autonomous driving. Autonomous mobility will no longer require human intervention and will be able to function as a fully independent service entity when all rights are processed in the online world," the company said.
The MOA standard based on ERC-4337 will allow you to separate the authentication process from key management, ensuring that the account itself will be saved in the blockchain even if the private key is lost.
The MOA will allow, for example, monitoring of operation and maintenance records. In addition, Ethereum technology will help all stakeholders, including drivers, owners, manufacturers, dealers and administrative authorities to participate in the approval process of transactions related to the car.
A year earlier, Toyota supported the Astar Web3 hackathon for developers of decentralized autonomous organizations (DAO) in order to identify a promising team of developers who will be able to implement Web3 technologies in the corporation's activities.