{"id":40790,"date":"2023-01-10T11:11:00","date_gmt":"2023-01-10T11:11:00","guid":{"rendered":"http:\/\/egrowonline.com\/?p=40790"},"modified":"2023-01-10T11:11:00","modified_gmt":"2023-01-10T11:11:00","slug":"turkish-automaker-togg-onboards-metaco-for-crypto-custody-and-governance","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=40790","title":{"rendered":"Turkish automaker Togg onboards Metaco for crypto custody and governance"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-6ed77c39=\"\">\n<p>Turkish automotive company Togg announced a partnership with Metaco, a digital asset custody orchestration technology provider, to secure its <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/ava-labs-and-ev-maker-togg-to-build-smart-contract-based-mobility-services\" rel=\"noopener\">open mobility ecosystem built on Avalanche<\/a>.\u00a0<\/p>\n<p>Togg\u2019s Mobility-as-a-Service platform (MaaS), a.k.a, Mobility Ecosystem, aims to deliver <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/cryptopedia-learn-the-basics-of-smart-contracts-and-how-they-work\" rel=\"noopener\">smart contract<\/a>-powered use cases \u2014 including tokenization of mobility services, assessment of CO2 footprint and <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/nonfungible-tokens-for-beginners\/what-are-nfts-and-why-are-they-revolutionizing-the-art-world\" rel=\"noopener\">nonfungible token (NFT)<\/a> ownership \u2014 for users in T\u00fcrkiye and Europe. <\/p>\n<p>The partnership with Metaco will see the use of its digital asset custody and orchestration platform, Harmonize, to safeguard the custody and governance of Togg\u2019s digital assets. Sharing insights on the initiative, Togg CEO M. G\u00fcrcan Karakas stated:<\/p>\n<blockquote><p>\u201cBlockchain-enabled digital tokens allow data and other assets to be stored and transferred in a fast, secure, and green way. By leveraging technology from Metaco, we make this possible.\u201d<\/p><\/blockquote>\n<p>Hosted over IBM Cloud, Metaco\u2019s platform provides Togg with total control of its encrypted data, workloads and encryption keys. According to the announcement, Harmonize is equipped with compliance standards used by Tier 1 banks dealing with digital assets.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/bfdb2c01-4389-44ef-be50-356c19b1edb4.png\" \/><figcaption style=\"text-align: center\"><a target=\"_blank\" href=\"https:\/\/voting.cointelegraph.com\/top-100\/p\/1\" rel=\"noopener\"><em>Cast your vote now!<\/em><\/a><\/figcaption><\/figure>\n<p>German car manufacturer BMW recently onboarded <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/bmw-taps-coinweb-and-bnb-chain-for-blockchain-loyalty-program\" rel=\"noopener\">two blockchain firms to improve its customer loyalty program<\/a> in Thailand. On Dec. 29, 2022, BMW announced partnerships with blockchain infrastructure firm Coinweb as its decentralized architecture provider and BNB Chain for settling transactions.<\/p>\n<p><strong><em>Related: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/crypto-adoption-in-2022-what-events-moved-the-industry-forward\" rel=\"noopener\"><strong><em>Crypto adoption in 2022: What events moved the industry forward?<\/em><\/strong><\/a><\/p>\n<p>The first phase of the initiative is focused on integrating decentralized tech into automating BMW\u2019s daily manual operations. The project&#8217;s second phase would see Coinweb develop a customized Web3 application for BMW\u2019s customer loyalty program. <\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/turkish-automaker-togg-onboards-metaco-for-crypto-custody-and-governance\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Turkish automotive company Togg announced a partnership with Metaco, a digital asset custody orchestration technology provider, to secure its open mobility ecosystem built on Avalanche.\u00a0 Togg\u2019s Mobility-as-a-Service platform (MaaS), a.k.a, Mobility Ecosystem, aims to deliver smart contract-powered use cases \u2014 including tokenization of mobility services, assessment of CO2 footprint and nonfungible token (NFT) ownership \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[38],"tags":[13290,62,3874,2479,3913,9055,13291,2173],"class_list":["post-40790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-automaker","tag-crypto","tag-custody","tag-governance","tag-metaco","tag-onboards","tag-togg","tag-turkish"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/01\/31df1284-9716-4df1-bb32-57732b4d70b8.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/40790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40790"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/40790\/revisions"}],"predecessor-version":[{"id":40792,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/40790\/revisions\/40792"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/40791"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40790"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}