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Ava Labs and Electric Vehicle Maker Togg to Create Contract-Based Smart Mobility Services

Turkish electronic vehicle (EV) maker Togg has announced a strategic partnership with Ava Labs to design and create contract-based intelligent services aimed at improving autonomous mobility.

Togg’s collaboration with Ava Labs, a team dedicated to supporting and developing the public Avalanche blockchain, was revealed at CES 2022 in Las Vegas. As reported by Cointelegraph Turkey, the partnership aims to accelerate Togg’s use case mobility initiative, which combines different technologies and transportation solutions to produce cars with more functionality compared to traditional electric vehicles.

According to the official announcement, Togg has been exploring use cases around blockchain and related technologies in electric vehicles for over a year. With the partnership of Ava Labs, Togg intends to integrate the Internet of Things (IoT) and machine-to-machine communication (M2M) to expand and accelerate its EV capabilities.

Togg will implement smart contracts and blockchain technology to allow users to pick up a reserved scooter or taxi while charging their electric vehicles, enabling seamless mobility. Gürcan Karakaş, CEO of Togg said:

“Our collaboration with Ava Labs is founded on improving the Togg user experience, going beyond automobiles to enable partners, users and non-Togg users in the mobility ecosystem to benefit from this. platform. “

Additionally, the Ava Labs partnership will enable Togg to store vehicle maintenance and parts information on the Avalanche blockchain, which will form the basis of a reliable second-hand market.

Related: Dogecoin Gains 25% After Elon Musk Confirms Tesla Will Accept DOGE For Goods

In December, the price of Dogecoin (DOGE) rose 25% shortly after Tesla and SpaceX CEO Elon Musk announced his intention to accept DOGE for Tesla goods.

As reported by Cointelegraph, data from Cointelegraph Markets Pro and TradingView showed DOGE / USD climbed over 25% to become the only major cryptocurrency to generate gains on the day.

1 hour DOGE / USD candle chart (Bittrex). Source: TradingView