NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Nike, Facebook, and Now Jaguar: Big Corporations Turn to Crypto

Samuel Wan
Samuel Wan
6 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

In a further sign of endorsement for the crypto industry, Jaguar Land Rover (JLR) Limited has announced the testing of a crypto payment system. Details released show the development of a smart wallet that allows users to earn while on the road. The system will use IOTA, which developers say has the advantages of a zero fee network and inherent scalability.

JLR And IOTA, Another Coup For Crypto

The car industry has suffered many upheavals in recent times. From dieselgate to exploding airbags, not forgetting how the new kid, Tesla, is turning the industry on its head. But in a bid to stay relevant, JLR is turning to crypto.

Following news of Nike’s cryptokicks, JLR is the second household name, in as many days, to announce plans for crypto adoption. Taking this into account, it seems as though the wider world has finally started to grasp the potential that blockchain technology has to offer.

BREAKING: Jaguar Land Rover has partnered with IOTA to enable car owners & drivers to earn cryptocurrency.

We’re talking digital wallets, tokens, and an entire ecosystem.

THE VIRUS IS SPREADING 🚀

— Pomp 🌪 (@APompliano) April 28, 2019

JLR’s “Destination Zero” Vision

JLR’s “Destination Zero” vision sets out the company’s strategies for sustainability. It seeks to achieve zero emission, zero accidents, and zero congestion – a challenging manifesto to accomplish indeed. The opening statement of their policy reads:

“A changing world: In a fast-moving world, there are exciting opportunities as well as challenges, not only for our future cars and services but for how we impact society, the environment and business for the better.”

Our innovative ‘Smart Wallet’ technology will let drivers earn cryptocurrency on the go! See the technology in action at our Software Engineering Centre in Shannon.#ConnectedTechnology #SmartCity #IOTA pic.twitter.com/vQaUOk71t2

— JLR (@JLR_News) April 29, 2019

But of greater relevance to crypto, is the concept of shared economy, in which drivers receive rewards for their communal actions. Under this system, a driver can earn crypto for alerting others to traffic congestion. Equally, any funds accumulated could pay for motoring expenses, such as parking or toll fees. This concept forms the basis of the smart city of the future, in which technology will be used to improve lives. On speaking of the partnership, Holger Köther, Director of Partnerships at IOTA Foundation said:

“Our distributed ledger technology is perfectly suited to enable machine-to-machine payments for smart charging, parking and tolls, in addition to creating opportunities for drivers to earn their own digital currency. We are excited to partner with Jaguar Land Rover in implementing its IOTA-powered car wallet, delivering a major convenience benefit for their customers worldwide.”

IOTA Price

On news of the collaboration, the IOTA price surged 17% to around $0.31 at the time of publication. This represents a 94% decrease from its all-time-high of $5.01, in December 2017. But nonetheless, is still welcome news considering the announcement bucked a sliding trend.

#IOTA reaction to the Jaguar news pic.twitter.com/ptXSuyxT0k

— blockchaincenter.net (@blockchaincent) April 29, 2019

All the same, the current direction may experience some retracement. According to Lunar Express, a small dip in price may be incoming, as bulls struggle to break resistance at the $0.31 level. However, should resistance be breached, a potential rise to $0.41, or even $0.52 is possible in the near future.

Bulls still have to deal with that resistance zone and this rally can stall around 0.4165 and 0.4589. Bulls need to smash it through 0.52754 in order to make it really impressive! That my friends, would be our point of no return!!! #crypto #iota #trading #bulls #cryptotrading

— LunarExpress.sol (@AskLunarExpress) April 29, 2019

Tweet123Share196ShareSend
Samuel Wan
Samuel Wan

Samuel Wan

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

27-jours-avant-fin-prevente-snorter-bot-token

27 jours avant la clôture de la prévente du Snorter Bot Token – Profitez vite de l’accès exclusif

Mercredi 24 septembre 2025 – Le compte à rebours est lancé : il ne reste que 27 jours pour profiter...

guillaumev 2 hours ago
Dramatic Surge in Bitcoin Millionaires Pushes Bitcoin Hyper to Nearly $18M

Dramatic Surge in Bitcoin Millionaires Pushes Bitcoin Hyper to Nearly $18M

Recent data shows that the number of Bitcoin millionaires is climbing at a pace not seen since the last bull...

Aaron Walker 3 hours ago

Ανάλυση τιμής BNB από το Grok AI – Το κορυφαίο altcoin Snorter θα κερδίσει στην κατάρρευση της αγοράς

Στην ανάλυσή του, το Grok εντοπίζει ότι το πρόσφατο ράλι του BNB γεννήθηκε από ανοδική έξοδο (breakout) ενός καναλιού που...

Ιωάννης Ριζόπουλος 1 hour ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Aster, nieuwe crypto in top 100 altcoins

Rug pull crypto of de beste DEX van 2025? Binance investeert in deze crypto

Lars Diederiksen 5 minutes ago

Secondo Deutsche Bank le Banche Centrali Potrebbero Accumulare Bitcoin Entro 5 Anni

clararosati 1 hour ago
21shares-lance-etf-dogecoin-dtcc

21Shares lance un ETF Dogecoin sur la DTCC

guillaumev 1 hour ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の価格予測:重要サポート接近で次の展開がカギに

    ドージコイン...

    12 minutes ago
  • リップル 今後の価格予測:ETFローンチで5ドル上昇の可能性、重要サポートが焦点

    リップル...

    27 minutes ago
  • ジェミニが選ぶ、市場クラッシュを乗り越える仮想通貨プレセール3つ

    ...

    37 minutes ago
  • 米英の暗号資産規制協力が進展中:今注目すべき仮想通貨おすすめとは

    ...

    52 minutes ago
  • 新しい仮想通貨が「次のドージコイン」と注目:0.0002ドルのミームトークンは爆発的に成長するか?

    ...

    1 hour ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.