Automotive company Jaguar Land Rover is testing a ‘Smart Wallet’ technology that will let drivers earn cryptocurrency on the go.
Drivers will be able to earn cryptocurrency and make payments on the move using connected car services that are being tested by Jaguar Land Rover.
According to Telematics News Jaguar Land Rover’s drivers that use ‘Smart Wallet’ technology, will be able to earn credits by enabling their cars to automatically report useful road condition data such as traffic congestion or potholes to navigation providers or local authorities.
Drivers would then be able to redeem these for rewards such as coffee, or conveniently use them to automatically pay tolls, parking fees and for smart charging electric vehicles. Jaguar Land Rover say that the ‘Smart Wallet’ removes the need for drivers to hunt for loose change or sign up to multiple accounts to pay for a variety of everyday services, reports Telematics News.
The connected technology is being trialled at the new Jaguar Land Rover software engineering base in Shannon, Republic of Ireland, where engineers say they have already equipped several vehicles, including the Jaguar F-PACE and Range Rover Velar, with ‘Smart Wallet’ functionality.