Toyota, the automotive giant, is exploring how account abstraction can be integrated into motor vehicles, allowing hardware operations to be run on-chain. Not long ago, Toyota Blockchain Lab published a paper introducing the idea of Mobility-Oriented Accounts (MOA) public blockchain accounts dedicated to vehicles.
“Imagine a world where a car is almost the equivalent of an account,” Toyota said. “Each car, including the one driving in front of you, has its own account, which connects it to the user and the world.”. Toyota proposed using the ERC-4337 Account Abstraction standard as a basis for exploring MOA. The automotive giant said that MOA can enhance programmability, provide an interface to connect to various services, and pave the way for tokenized utilities. #Ethereum