Toyota’s IT arm works on digital token pilot with crypto exchange

Cointelegraph

Published Oct 26, 2020 08:43AM ET

Updated Oct 26, 2020 10:20AM ET

Toyota Systems, the IT arm of Toyota Motor (NYSE:TM) Corporation, is collaborating with Japanese cryptocurrency exchange DeCurret to develop a branded Toyota digital currency, according to an official announcement on Oct. 26.

The large-scale pilot will involve 2,500 employees at Toyota Systems. The platform will feature digital currency payments for benefits.

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