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Blockchain in Auto Finance Coming Up Next

Blockchain in Auto Finance Coming Up Next

July 6, 2016

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The R3 CEV blockchain consortium has a new member that’s not like the others.

Last week, Toyota Financial Services announced it has joined R3’s consortium to explore distributed and shared ledger tech for potential applications in auto financing. TFS is the first captive to collaborate with the more than 50 of the largest FIs in R3’s network on developing use cases for blockchain in financial industry.

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