Turkey’s domestic car TOGG, which recently participated in the Consumer Electronics Show (CES), has partnered with Ava Labs, a subsidiary of Avalanche behind the popular altcoin AVAX. cryptocoin.com We are giving the details as…
TOGG partnered with altcoin firm
The recently announced partnership of TOGG and Avalanche has excited the cryptocurrency space in Turkey. With this partnership, announced at CES 2022, the largest consumer electronics fair held in Las Vegas on January 5-6, TOGG will step into the world of Blockchain. TOGG and Ava Labs formed a strategic partnership, focusing on developing secure and fast mobility services with smart contracts.
The partnership will pave the way for a system called Intermodal. It is stated that a wider route will be offered to users with the Togg Navigation system, which will become operational with this model. In addition, as a result of users consuming various products and receiving services while their Togg devices are charging, transactions will become faster with the introduction of the said Blockchain technology. Emin Gün Sirer, CEO of Ava Labs, stated that they are “happy to support Avalanche in realizing Togg’s vision”.
Ava Labs makes it easy to launch decentralized finance applications on Avalanche, a highly scalable Blockchain platform for decentralized applications and enterprise Blockchain deployments. It encourages people to create an open, simple and democratic financial internet. Ava Labs was founded by Cornell computer scientists. The company received funding from Andreessen Horowitz, Initialized Capital and Polychain Capital, with angel investments from Balaji Srinivasan and Naval Ravikant.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.