Turkish automaker Togg onboards Metaco for crypto custody and governance

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Turkish automaker Togg onboards Metaco for crypto custody and governance
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Togg's blockchain use cases include tokenization of mobility services, assessment of CO2 footprint and NFT ownership.

The partnership with Metaco will see the use of its digital asset custody and orchestration platform, Harmonize, to safeguard the custody and governance of Togg’s digital assets. Sharing insights on the initiative, Togg CEO M. Gürcan Karakas stated:

“Blockchain-enabled digital tokens allow data and other assets to be stored and transferred in a fast, secure, and green way. By leveraging technology from Metaco, we make this possible.” Hosted over IBM Cloud, Metaco’s platform provides Togg with total control of its encrypted data, workloads and encryption keys. According to the announcement, Harmonize is equipped with compliance standards used by Tier 1 banks dealing with digital assets.

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