PANews reported on August 21st that, according to BeInCrypto, Toyota Blockchain Lab released a white paper on the Mobility Orchestration Network (MON). Based on the Avalanche multi-chain architecture, MON transforms vehicles into tradable digital assets. MON establishes digital identities for vehicles through NFTs, integrating legal, technical, and economic proof to achieve fleet asset securitization. The framework supports electric vehicle fleets, self-driving taxis, and logistics, encompassing registration, insurance, and operational data. It manages securities issuance, ownership, operations, and payment settlement across four Avalanche L1 chains. MON aims to facilitate cross-industry and cross-border compliance and asset circulation, and is currently in the proof-of-concept phase.