JLR to pay users cryptocurrency for reporting road condition

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Jaguar Land Rover (JLR) is testing a new ‘Smart Wallet’ technology that will pay users in cryptocurrency for sharing data like road and traffic conditions with authorities and navigation services.

As part of the company’s Destination Zero strategy – which aims to achieve zero accidents, emissions and congestion, Smart Wallet will alert drivers on traffic conditions and offer alternate routes thereby reducing fuel consumption and vehicle emissions. Users sharing this data will be rewarded with credits, which could be redeemed for rewards, paying tolls and parking fees or for charging electric vehicles. The Smart Wallet can also be topped up using conventional payment methods.

The British carmaker is testing this new technology at their facility in Shannon, Ireland, where several cars including the F-Pace and the Velar are equipped with 'Smart Wallet'.

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