Motorists to ‘fill their Jaguar Land Rover Smart Wallet as they drive’

Jaguar and Land Rover drivers will be able to earn cryptocurrency on their Smart Wallet by reporting traffic jams and potholes – to spend on coffee, parking and tolls

Jaguar SmartWallet TollJaguar Land Rover is testing ‘Smart Wallet’ technology that motorists will top up with cryptocurrency earned by sharing information about traffic jams and potholes with navigation providers and local authorities.

They will then be able to spend this on toll fees, parking, electric car charging – and even coffee.

SmartWallet Automatic Payments

The new tech is being developed by Jaguar Land Rover’s software engineering centre in Shannon, Republic of Ireland. It is already being trialled in models such as the Jaguar F-Pace and Range Rover Velar.

JLR is working with the IOTA Foundation (that’s ‘internet of things’), using its ‘distributed ledger’ tech to make and receive payments. For non-tecchies, this is a way of making and receiving cryptocurrency payments from machine to machine, without the involvement of a central bank account.

It will allow motorists to automatically pay tolls from their smart car wallet, and future smart electric car charging will also be possible.

SmartWallet TollBooth Detected

JLR wants the car of the future to be an integral part of a shared economy, turning the car into “a third space, in addition to your home or office,” said software architect Russel Vickers.

Engineering director Nick Rogers said cryptocurrency will “make people’s lives better, by allowing drivers to safely share data and make payments from their vehicle.

Jaguar SmartWallet Toll

“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 Shannon

Other tasks being undertaken by the new Shannon R&D facility, which has been supported by the Irish Development Agency, include work on next-generation electrical architectures, and adding driver assistance features for the cars of the future.

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Richard Aucock
Richard Aucockhttps://www.richardaucock.co.uk/
Richard is director at Motoring Research. He has been with us since 2001, and has been a motoring journalist even longer. He won the IMCO Motoring Writer of the Future Award in 1996 and the acclaimed Sir William Lyons Award in 1998. Both awards are run by the Guild of Motoring Writers and Richard is currently vice chair of the world's largest organisation for automotive media professionals. Richard is also a juror and Steering Committee director for World Car Awards and the UK juror for the AUTOBEST awards.

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