Mobility & Automotive

Harnessing the Power of Connected Mobility

The amount of data and financial transactions that will be produced by connected mobility devices is staggering. How to securely collect, evaluate, and use this information to benefit people, cities, manufacturers, and mobility providers is a critical question in the industry today.

Secure, Private, Feeless

With IOTA, data and financial transactions generated by connected mobility can be processed securely, privately, and without additional transaction fees.

About Mobility & Automotive

New Innovations

Traditional business models in the mobility space are being challenged on a daily basis.

While technological breakthroughs have enabled vehicles to be connected, electric and increasingly autonomous, many new players are entering the market and the industries’ business models need to change accordingly.

Digital Platforms

Cars are turning into digital platforms. They will be able to pay autonomously for parking, charging their batteries, tolls, and other services. But cars will also be able to make money, by selling the data they generate or the power stored in their batteries during periods of high energy demand.

Securing machine connectivity

IOTA enables peer-to-peer data and financial transactions without central intermediaries.

IOTA makes it possible to build tools and applications for simple communication and payments between vehicles and their immediate connected environments.

Business Applications

Digital Twins

IOTA makes a vehicle’s entire lifecycle transparent by tracking everything that happens to the vehicle on the Tangle in a record called a digital twin. Tracking the usage and ownership of a vehicle enables fraud prevention, pay-per-use and usage based insurances, among many other applications.

With renewable energies becoming the new standard, electric vehicles will be able to earn money by participating in peer-to-peer energy trading, helping to stabilize energy grids in a world of ever-growing demands.

Electric Mobility and Renewable Energy

Connected Infrastructure

Worldwide investment in connected mobility infrastructure is increasing due to proven financial and safety benefits. In this dynamic connected world, vehicles, traffic lights, and related infrastructure will need to securely communicate and exchange payments near-instantaneously.

Real-World Mobility Implementation

Car Wallets with Jaguar Land Rover and IOTA

Cars with built-in wallets that enable them to both make and receive payments may sound like technology of the future, but it exists already.

Jaguar Land Rover has implemented an IOTA wallet in their I-Pace vehicles enabling them to receive payments for selling data, as well as make payments for things like parking and tolls.

Smart Charging with IOTA by ElaadNL

An annoying problem with electric vehicles is the need to have multiple memberships in different charging networks, and then paying for each at the end of the month.

ElaadNL has solved this problem by creating an IOTA-enabled Smart Charger: you simply plug the charging cable into the vehicle, and charging and payment happen automatically.