29 April, 2019

Drivers earn cryptocurrency by sharing data with JLR

Jaguar Land Rover’s (JLR’s) new connected vehicle services will allow drivers to earn cryptocurrency and make payments on the move.

The carmaker’s ‘Smart Wallet’ scheme is currently being tested at JLR’s software engineering base in Shannon, Republic of Ireland. The vehicles primarily being tested include the Jaguar F-Pace and Range Rover Velar.

‘Jaguar Land Rover is embracing autonomous, connected, electrified and shared mobility technology as we endeavour to make cars safer, cleaner and smarter for everybody,’

Nick Rogers, JLR, Executive Director of Product Engineering

The system enables drivers to earn credits by collecting road data to be shared with other vehicles. Data such as traffic congestion or potholes will be collected by the vehicles if drivers opt in.

Part of the ‘Destination Zero’ strategy, the new data sharing functionality will aim to reduce congestion and therefore emissions by offering live traffic updates and alternative routes.

‘Jaguar Land Rover is embracing autonomous, connected, electrified and shared mobility technology as we endeavour to make cars safer, cleaner and smarter for everybody,’ said Nick Rogers, JLR, Executive Director of Product Engineering.

Credit where credit is due

Credits earned by sharing data could be used for something as simple as buying a coffee, but its main purpose is to eliminate the hassle of everyday services. Drivers can use their ‘Smart Wallet’ to pay for charging, parking fees or tolls while driving.

‘In the future an autonomous car could drive itself to a charging station, recharge and pay, while its owner could choose to participate in the sharing economy - earning rewards from sharing useful data such as warning other cars of traffic jams.’

Russell Vickers, JLR Software Architect

The company is working with tech developer IOTA in order to track payments both outgoing and incoming to ensure there is a distributed ledger of all transactions.

The systems when working in tandem open up a variety of new opportunities in the autonomous space, says Russell Vickers, JLR Software Architect: ‘In the future an autonomous car could drive itself to a charging station, recharge and pay, while its owner could choose to participate in the sharing economy - earning rewards from sharing useful data such as warning other cars of traffic jams.’