**Ford and Toyota Lead Blockchain Innovation in Automotive Industry**

Ford and Toyota are making waves in the automotive sector with their blockchain technology advancements. Recent data shows both companies filed a combined 43 blockchain-related patents in Q2 2024, despite an overall industry decline in filings.

- **Ford**: Increased its filings from 3 in Q1 to 14 in Q2. One notable patent involves using blockchain for immutable vehicle ownership records via smart contracts.

- **Toyota**: Boosted its filings from 25 in Q1 to 29 in Q2. A key patent focuses on managing vehicle-related NFTs on a blockchain ledger.

Both companies are also pivoting towards driver assistance technologies, leveraging blockchain to potentially enhance future autonomous vehicle infrastructure.