Britain’s biggest car-maker, Jaguar Land Rover, is testing software which will reward drivers for sharing data. With ‘smart wallet’ technology installed in their vehicles, drivers will earn the IOTA cryptocurrency for automatically reporting traffic and road data. 

Monetize Your Driving

According to the New York Times, the company is testing the software at one of its facilities in Ireland. Engineers have fitted ‘smart wallets’ to vehicles including the Jaguar F-PACE and Range Rover Velar. By enabling automatic data-sharing, the driver can receive IOTA reward credits whilst going about their everyday driving.

As well as reporting useful information such as traffic conditions and potholes to satnav companies and local authorities, drivers could also earn credits for participating in ride-sharing schemes.

Drivers will be able to use the rewards to pay for coffee, road tolls, parking, and electric charging stations, according to Jaguar. This connected, data sharing ecosystem is part of the company’s ‘Destination…

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