“Jaguar Land Rover, Britain’s largest auto manufacturer, said on Monday it is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data.

The company is developing what it calls “smart wallet” technology to be installed in its automobiles. This would reward Jaguar car drivers with IOTA coins for actions such as enabling their vehicles to automatically report useful data, such as traffic congestion or potholes to navigation providers or local authorities.

Drivers could also earn rewards if the car participates in a ride-sharing program, Jaguar said. The tokens earned could be used to pay for tolls, parking and charging for electric cars.

The overall goal was to “achieve zero emissions, zero accidents, and zero congestion,” the company said….”

Source:
https://www.reuters.com/article/us-crypto-currencies-jaguar-idUSKCN1S40UD