IOTA CAN BE INTEGRATED INTO JAGUAR LAND ROVER CAR
Jaguar Land Rover has started testing smart contracts. The participants of the new program will be able to earn IOTA tokens for providing certain data. According to the recent information, the company is developing a “smart wallet” that will be installed in its cars. Drivers will be able to use Altcoins, for example, to pay for parking or charging electric vehicles.
The main goal of the program is to reduce pollution, accidents and congestion. The technology is implemented by the Irish division of the automaker to develop various software solutions. The new system is being tested in Jaguar F-Pace and Range Rover Velar. At the moment, it is unknown when the software will be available for the mass consumer.
Over the past day, the average market rate of IOTA increased by 18% to $0.32. Trading volumes of Altcoin increased more than four times. Now this figure exceeds $50 million, although 24 hours earlier it was at the level of $12 million.