Toyota Motor had 25 patents in blockchain during Q1 2024. Toyota Motor Corp’s patents in Q1 2024 focus on innovative technologies for vehicle operations and management. These include systems for analyzing and verifying issues in moving transports, prioritizing charging for different groups of vehicles, managing power distribution for critical and noncritical components, updating restriction lists for substances in products, and a data management system for proof of existence of invention information. GlobalData’s report on Toyota Motor gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Toyota Motor grant share with blockchain as a theme is 52% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Motion-based transport assessment (Patent ID: US20240104973A1)
The patent filed by Toyota Motor Corp. describes a method and system for detecting issues with a moving vehicle by comparing current data (such as images or videos) captured by the vehicle with historical data obtained from a server. The process involves analyzing the data, determining an initial issue, verifying the existence of the issue based on a threshold delta between the two sets of data, and sending the verified issue to the server for further action. The system can be used to monitor the normal operation or appearance of the vehicle, notify occupants of any verified issues, and potentially alleviate issues in autonomous or semi-autonomous vehicles. Additionally, the use of smart contracts stored on a blockchain is proposed for verifying the delta and reaching a consensus between the vehicle and the server.
Overall, the invention aims to improve the monitoring and maintenance of moving vehicles by leveraging data analysis and comparison techniques. By utilizing historical data from a server, issues can be detected and addressed promptly, ensuring the safety and efficiency of the vehicle. The system is designed to be adaptable for different types of vehicles, including autonomous or semi-autonomous ones, and incorporates advanced technologies like smart contracts and blockchain for secure and reliable verification processes. This innovation represents a significant step towards enhancing the overall performance and reliability of vehicles through intelligent data-driven monitoring systems.
To know more about GlobalData’s detailed insights on Toyota Motor, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.