Jaguar Tracks Car Energy Using IOTA Distributed Ledger Technology


Luxury car manufacturer Jaguar who has partnered with distributed ledger technology (DLT) company IOTA early this year has released a proof-of-concept (PoC) demonstration for tracing car energy using DLT.


The news was released by IOTA in a blog-post that it shares last August 30, detailing its partnership with Jaguar Land Rover and French energy R&D center Engie Lab Crinden for the demonstration.


The main aim of the demonstration is to show the general public both the source and use of a Jaguar I-Pace’s energy at the TrondHelm Powerhouse.


According to the manager of Jaguar Land Rover’s vehicle-as-a--service engineering group, Russel Vickers, this innovative technology shows how cities can transform both infrastructure and transportation into a sustainable and mutually beneficial ecosystem.


Jaguar’s I-Pace contains an IOTA-backed smart wallet that could be used for energy-charging or what the like to call it Green Charging feature that is traced by Iota’s DLT.


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