JLR testing a ‘Smart Wallet’, enabling drivers to earn money on the move
Jaguar Land Rover are testing a device which will allow drivers to earn money on their daily commutes.
The system, developed at JLR’s software engineering base in Ireland, works by rewarding drivers for submitting data on their travels. Things like the road condition (i.e. potholes) and traffic congestion can be reported on, earning the driver credits. These credits are redeemable as different types of rewards, such as automatic toll payments, parking fees and electric charging bills - it even offers coffee vouchers. Users are also able to top up using conventional payment methods.
JLR say ‘Smart Wallet’ uses cryptocurrency technology for safe payments, which requires no transaction fee and can only get faster as time goes on. This is good news given the car giant’s prediction of 75 billion connected devices by 2025.
So far, Jaguar Land Rover have successfully trialled the software on their F-Pace and Range Rover Velar SUV models. The work forms part of the company’s Destination Zero strategy, which outlines their aims to achieve zero emissions, zero accidents and zero congestion.
Russell Vickers, Jaguar Land Rover Software Architect, said: “The connected car technologies we are developing will be transformative and truly turn your Jaguar or Land Rover into a third space, in addition to your home or office. 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.”
Nick Rogers, Executive Director of Product Engineering, Jaguar Land Rover said: “Our Shannon software development centre is advancing the use of cryptocurrency to make people’s lives better, by allowing drivers to safely share data and make payments from their vehicle. Working with our engineering hub in the UK, the team in Shannon are pioneering and testing these sophisticated connected technologies that will help people to make the most of the time they spend in their car.
“Jaguar Land Rover is embracing autonomous, connected, electrified and shared mobility technology as we endeavour to make cars safer, cleaner and smarter for everybody.”