Continental unveils demo-earning app for Blockchain-based automotive platform


Automotive provider Continental has unveiled an utility known as Earn As You Drive, which makes use of blockchain know-how to earn money with details about automotive customers.

Parking area knowledge for digital forex

Forbes reported the information on August 29. In accordance with the report, Continental is working with know-how firm Hewlett Packard Enterprise and open supply community supplier to create Earn As You Drive. Reportedly, drivers can use this utility to earn digital currencies for sharing details about the supply of road parking via car sensors. The info is shared with a producer, who in flip passes it on to a third-party parking service.

The brand new app depends on Continental's blockchain-based Knowledge Monetization Platform (DMP). As earlier than reported by Cointelegraph Brasil, Continental collaborated with Hewlett Packard on this improvement, which was already introduced in February. Along with producing earnings from knowledge collected by autos, the challenge was additionally supposed to make use of the information to extend driver confidence and security.

Jaguar Land Rover & # 39; s experiment earnings program & # 39; s

Jaguar Land Rover has additionally examined a income program with the Iota Basis. In accordance with the report, the corporate has examined this system in Eire, which permits customers to obtain IOTA cryptocurrency in trade for knowledge sharing.

As reported earlier at this time by Cointelegraph, Jaguar Land Rover and Iota carry out a demo of a brand new distributed ledger know-how for monitoring and sharing power knowledge. Along with offering knowledge on how a lot power the Jaguar I-Tempo makes use of, the platform additionally tracks the origin of the power and might make sure that it comes from sustainable sources.

Blockchain-based knowledge earnings in-house

As earlier than reported by Cointelegraph, the power community firm E.On has filed a patent utility for a blockchain-based info collector that can be utilized to generate income. The gadget is alleged to make use of sensors to gather person knowledge from good house functions, which customers may then selectively promote to 3rd events.

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