There are many ways to earn money while you drive, but this new way from Jaguar Land Rover is quite unique. The English automaker has introduced their new “Smart Wallet” technology, allowing drivers to earn cryptocurrency while they drive. Yes, I’m serious.
According to Jaguar Land Rover, drivers will be able to earn credits if they share information about potholes, traffic jams and more. Well, the car will actually be doing the reporting automatically to navigation providers or local authorities. Currency earned can be rewarded for things like coffee, pay toll change, parking fees, and more.
For the currency itself, Jaguar Land Rover teamed up with the IOTA Foundation. Through their distributed ledger tech, the payments require no transaction fees and they say that over time the transactions will get faster as it grows to a predicted 75 billion connected devices by 2025.
Currently, the tech is just being tested but it looks quite promising. I could definitely do without having to dig for change when I come up to a pay toll.
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