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Jaguar Land Rover planning to allow owners to earn cryptocurrency

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. Global car companies are exploring blockchain applications, figuring out different ways in which they can leverage the technology to suit their different needs. Blockchain, the system powering cryptocurrencies like bitcoin, is a shared database that is maintained by a network of computers connected to the internet. The British car company is testing the technology at the new Jaguar Land Rover software engineering base in Shannon, Ireland, where engineers have already equipped several vehicles, including the Jaguar F-PACE and Range Rover Velar, with "smart wallet" features, the company said. It does not yet have a timetable for when it will be commercially available, said Jaguar, a subsidiary of Tata Motors. The IOTA token is based on a distributed ledger technology that enables people and machines to transfer money and data without any transaction fees. IOTA trades on digital asset exchanges and was last at 27 U.S. cents per token. "The smart wallet technology ... can be easily adapted into all new vehicles," Dominik Schiener, IOTA co-founder and co-chairman of its board, told Reuters on Friday. "IOTA wants to enable interoperability with all these different players. So there is no Jaguar coin, no BMW coin, but one universal token for this machine economy," he added.

Why this could be the perfect time for Apple to make a car play

While the automotive and technology worlds have been pouring billions into autonomous vehicles (AVs) and preparing to bring them to market soon as shared robo-taxis, Apple has mostly sat on the sidelines. Of course, Apple is the last company to ever make its intentions known, and the super-secret tech cult giant hasn't been totally out of the AV game based on the clues that have slipped out of its Cupertino, Calif., citadel over the past few years. Related: Apple self-driving cars are real — one was just in an accident News first broke in 2015 that it had assembled an automotive development team, in part by poaching high-profile talent from car companies, to work on a top-secret self-driving vehicle project code-named Titan. (Thank you very much, Nissan.) Apple also subsequently broke cover by making inquiries into using a Northern California AV testing facility and receiving a permit to test AVs on public roads in California. But then as the AV race started to heat up in the last few years, Apple reportedly began scaling back its car activities by downsizing team Titan. More recently, Apple's car project has shown signs of life with the hiring a high-level engineer away from Waymo and luring one Tesla's top engineers and a former employee back to Apple. It also inked a deal with Volkswagen to provide a technology platform and software to convert the automaker's new T6 Transporter vans into autonomous shuttles for employees at tech company's new campus. That is a far cry from giving rides to Wal-Mart shoppers, like Waymo is doing as part of its AV testing in Phoenix. But this could be the perfect time for Apple to enter the AV market now that ride-sharing is reaching critical mass and automakers and others are planning to deploy fleets of robo-taxis. Apple could easily establish a niche as a high-end ride-sharing service – and charge a premium – given its cult-like brand loyalty and design savvy. The growth of car subscription models could also play in Apple's favor since is already has many people hooked on paying for phones in monthly installments – and eager to upgrade when a new and better model becomes available. To achieve this, some believe Apple will fulfill co-founder and CEO Steve Job's dream of building a car. And as the world's first and only $1 trillion company it's sitting on a mountain of cash that certainly gives it the means. But other tech darlings like Tesla and Google have discovered how difficult it can be to build cars at scale.

2019 Jaguar I-Pace Drivers' Notes Review | Cool cat

The 2019 Jaguar I-Pace is one of the latest and most important models to hit the market in the past year. Finally, we're starting to see automakers roll out models that can compete directly with products from Tesla. The I-Pace has a striking design both inside and out and packs all of the charm you expect from a Jaguar product. So far, we've been impressed by the I-Pace, and we're not the only ones. Check out our discussion on the Autoblog podcast. The I-Pace has an EPA-rated 234 miles of range, and power from the battery is sent to all four wheels thanks to a pair of electric motors. This Caesium Blue model is in top-level HSE trim. Its $81,495 base price includes features like a panoramic sunroof, LED lighting, heated and ventilated front seats, dual-zone climate control, a Meridian audio system and air suspension. Our tester is fitted with a number of options, the most expensive of which are the $2,400 performance seats. Other options include a $570 heads-up display, $800 four-zone climate control, $250 for adjustable ambient lighting and $100 for fog lights. All in, this Jaguar will set you back $89,638 before any incentives or tax credits. Editor-in-Chief Greg Migliore: I'm really impressed with the I-Pace. It represents a new vision for Jaguar's electric strategy, and it's executed well in nearly all areas. The powertrain, pushing out 394 hp and 512 lb-ft of torque, is spectacular, pulling me back in my seat as I darted through lights and passed plodding traffic. Dynamic mode quickens the pulse a bit more. I didn't notice a dramatic change in driving character, other than a slight tweak to the steering, which is light, precise and direct. It's a good feel. The design is striking. It looks better in real life than in pictures. Analyzing Autoblog's galleries of the I-Pace and its preceding concept gave me pause. This thing is awkward, I mused. But in my driveway, on the street — it's cool. It's slightly lifted yet also chopped, creating a wedge-shaped dynamo of a four-door. Only downside: very little rear visibility. Inside, this one has a gorgeous "oyster" suede headliner, aluminum trim and handsome brown leather. The infotainment works pretty well; Jaguar is getting better at these. I wouldn't mind a few more analog buttons, but this is easier to pick up than it appears. It's sharp and futuristic. The I-Pace wasn't all great.