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 ofRead More
Post Tagged with: "rideshare"
Earlier this year, both Uber and Lyft drivers across the country experienced severe rate cuts, reportedly down by as much as 40%. That’s when Christopher David – an Uber driver himself at the time – saw an opportunity for a decentralized, driver-owned rideshare. Think of Arcade City as Uber onRead More
Toyota Motor Corp. and Volkswagen Group are jumping into the rideshare game with strategic investments, the companies announced today. Through a collaboration withUber, Toyota Financial Services will launch a new leasing program as part of a broader initiative to boost its mobility efforts. Volkswagen, meanwhile, will invest $300 million in global ride-hailing providerRead More