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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.

Chris Harris finds the Jaguar F-Type R Coupe rather drifty

Our own Matt Davis may have called the new Jaguar F-Type R Coupe "one heady rascal," but our review was disappointingly short on drifting, tire smoke and general, English shenanigans. You know, the sort of things that Chris Harris from Drive excels at.
Actually, relative to Harris' other reviews, this one is rather serious. There's a good recap of the F-Type on the road, with Harris referencing the car's "great bottom" and "amazing ass," quite frequently. Surprisingly, Harris says the more powerful F-Type R is just "incrementally" faster than the 495-horsepower F-Type V8 S Convertible. Following the on-road portion, it's off to the track. You can probably predict what goes on there. Overall, aside from some quibbles, Harris has nothing but praise for the newest cat.
We've got the entire video available below. Scroll down, have a look and let us know what you think in Comments.

Jaguar F-Type convertible rally car might be the coolest F-Type ever

The Jaguar F-Type is a sweet sports car. Rally cars are awesome. Put the two together, and you have one seriously cool ride, which is exactly what Jaguar did. The company took two F-Type convertibles and turned them into rally-ready race cars. They're built to commemorate a 1948 XK 120 that took home several European rally victories, and they share some of the visual tweaks of the Checkered Flag Edition F-Type. These custom Jags likely won't see serious competition, but they're certainly built to handle it. They have FIA-certified roll cages, racing seats, harnesses and a fire extinguisher. The suspension features three-way adjustable rally shocks and soft springs for rough roads and, as shown above, jumps. Brakes are upgraded with slotted rotors and four-piston calipers at all four corners. There's a hydraulic handbrake and a limited-slip differential that should make sliding around corners much easier. Interestingly, these F-Types use the entry-level turbocharged four-cylinder engine. The engines also haven't been upgraded at all, so they make the standard 296 horsepower. As such, this F-Type is only in the running for being the coolest version ever, rather than running away with such a commendation. Sadly, it appears Jaguar will only ever build these two examples. But we bet that someone could replicate one without too much difficulty. That someone could perhaps even start with a V6 or V8 convertible, giving it more power and a way better sound to enjoy through that open-air roll cage. Related Video: