Toyota Motor had 29 patents in blockchain during Q2 2024. Toyota Motor Corp’s patents in Q2 2024 focus on utilizing blockchain technology for managing non-fungible tokens (NFTs) associated with vehicles, generating sound tokens for vehicles, issuing multiple NFTs for renting vehicles, and managing power storage devices in case of accidents. These patents aim to enhance vehicle operations, user experiences, and safety through innovative technologies. GlobalData’s report on Toyota Motor gives a 360-degree view of the company including its patenting strategy. Buy the report here.

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Toyota Motor had no grants in blockchain as a theme in Q2 2024.

Recent Patents

Application: Server (Patent ID: US20240193589A1)

The patent filed by Toyota Motor Corp. describes a server system that communicates with a holder terminal, which is a device used by the holder of a non-fungible token (NFT) associated with a vehicle stored by a dealer. The server includes a communication device that obtains monitoring records of the vehicle's state during storage from a monitoring device, and a processing device that generates transaction data including these records upon receiving a request from the holder terminal.

The claims associated with the patent detail the specific functions of the server, including generating transaction data triggered by requests from both the holder terminal and an administrator terminal, as well as at predetermined intervals. The server also includes a storage device to store the monitoring records obtained by the communication device, which are then included in the transaction data generated upon request. This system allows for efficient monitoring and recording of the vehicle's state during storage, providing transparency and accountability for both the holder and administrator of the NFT.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.