transport: a new beginning
DESCRIPTION
Introducing the concept of the Transit Exchange as a new introduction to a holistic paradigm for urban transport. Linking every type of vehicular ground transport mode in a locale, the transit exchange exists to provide a realtime auction for roadspacetime slots. This will reduce traffic congestion and potentially alleviate the problems of the low income being unable to afford point-to-point transport.TRANSCRIPT
![Page 1: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/1.jpg)
The New Transport Economy
![Page 2: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/2.jpg)
A New Beginning For Earth's Cities
![Page 3: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/3.jpg)
An overview of a Largescale Transport Operating System
by Eric Masaba of Crane Dragon
![Page 4: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/4.jpg)
This presentation describes how transport
can be adapted to better serve humanity in the 21st Century and how a system that performs all
the functions described has already been designed, tested and deployed in real
conditions.
The presentation will take at most about 8 minutes (at 3 - 5 seconds each page)
![Page 5: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/5.jpg)
If you are not familiar with Texxi or the DRT Exchange, please see the list of further
presentations at the end of this presentation.
![Page 6: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/6.jpg)
● That summons rides in vehicles(multi-modal)
● With a search application for social transit(to find ridematches in realtime)
That calculates CO2 and pollutant emissions
● Which congestion charges per vehicle seat● And optimises roadspacetime and provides
real-time outputs to urban authorities● Provides a viable mobility alternative to owning
a private car without limiting freedoms
Texxi allows strangers (or friends) to share seats in vehicles they have dynamically summoned in order to both save money and reduce congestion
![Page 7: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/7.jpg)
Did you know that shared travel is the default mode of mechanised transport for most of human history
![Page 8: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/8.jpg)
Did you also know that it is still the norm in most countries of the world even today
Myanmar
![Page 9: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/9.jpg)
Matatu - Nairobi, Kenya
![Page 10: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/10.jpg)
Kampala, Uganda
![Page 11: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/11.jpg)
Dolmus, Turkey
![Page 12: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/12.jpg)
Did you also know that the average car is used for less than one hour a day and carries only one passenger for 90% of trips
Source: Susan Shaheen and Daniel Sperling
![Page 13: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/13.jpg)
Did you also know that the taxi business is the only sector of the transport industry in which customers still regularly post pay for their rides?
![Page 14: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/14.jpg)
Post-Pay: that means you ride first then you pay
Exposing the operator to credit risk
![Page 15: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/15.jpg)
Can you imagine an airline in which that was normal practice?
$1,300 please
![Page 16: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/16.jpg)
And speaking of airlines, did you know that it costs more to
travel per mile in a Hackney cab in London than it did flying to New York
on Concorde ?
![Page 17: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/17.jpg)
And back
![Page 18: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/18.jpg)
2002 Concorde Ticket PricesReturn trip: London - New YorkCost £6,800 (FY2002)Miles: 6,000
Cost per mile: £1.13Heathrow to Central London Cab FareOne Way (1 - 5 people)Miles: 24Cost: £42 - £80Cost per mile: £1.75 - £3.33
Best cost (avg 2 ppl): £1.24
![Page 19: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/19.jpg)
That the cab-ride from central London to Gatwick airport costs more
![Page 20: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/20.jpg)
Than it does to fly to Munich
![Page 21: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/21.jpg)
Yes
Munich!
![Page 22: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/22.jpg)
One way taxi from SE23 to Gatwick Airport: £72.00
![Page 23: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/23.jpg)
The taxi fare one-way can cost more than the return flight + beer
![Page 24: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/24.jpg)
Why is that ?
![Page 25: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/25.jpg)
Could things be any different in the transport business ?
![Page 26: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/26.jpg)
Could things be done any better?
![Page 27: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/27.jpg)
So what's the
big idea?
![Page 28: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/28.jpg)
Getting strangers to share rides in vehicles on a large-scale
![Page 29: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/29.jpg)
Dynamically - as in "On the fly"
![Page 30: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/30.jpg)
by pre-summoning their ride in a vehicle type of their choosing
![Page 31: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/31.jpg)
with stated preferences for their co-riders and situational ambience
![Page 32: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/32.jpg)
What are you smoking?
![Page 33: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/33.jpg)
Population 73mCars - 28m
Average Occupancy(all modes) - 1.6 Average annual car mileage - 8,430
Average annual # trips per person -960Average distance of trip - 7 miles
Average distance travelled - 6,726 miles
Most of the decline in overall trips rates between 1995/97 and 2010 can be accounted for by a fall in
shopping and visiting friends
Trips by car (as a driver or passenger) accounted for 64% of all trips made and 78% of distance travelled http://assets.dft.gov.uk/statistics/releases/national-travel-survey-2010/nts2010-01.pdf
in 2010
UK National Travel Survey 2010
![Page 34: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/34.jpg)
We have not only proved that dynamic, real-time ridesharing is not only theoretically possible
![Page 35: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/35.jpg)
but have achieved it in practice in real life situations with real paying customers
![Page 36: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/36.jpg)
People used their mobile devices to hail a vehicle for a shared ride and travelled to a common set of destinations together
![Page 37: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/37.jpg)
with wait times (headways) of as
little as 5 minutes
![Page 38: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/38.jpg)
We are thus proposing a whole new way to look at transport systems in urban areas
in order to make use of the "river of empty seats" available in most city vehicle fleets
![Page 39: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/39.jpg)
Liverpool 2006: March - September
Fridays and Saturdays 22:00 - 03:00
![Page 40: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/40.jpg)
135 trips
![Page 41: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/41.jpg)
Ryde, Isle of Wight 2008: July - December
Fridays 22:00 - 03:00
Ryde Taxis 01943 811 111Fleet Size: 200Licence Type: Private Hire:Proprietor: Andrew YounieFinder: Matthew Burden
![Page 42: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/42.jpg)
700 trips
As in on 700 occasions strangers summoned a shared ride in a taxi by mobile phone message
![Page 43: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/43.jpg)
Imagine
Instead of owning a car, could the average person make each of those 960 trips per year by shared vehicle - whether taxi, shared car from a car club, rented car or carpool
UK National Travel Survey (2010)
Cars: 28mAvg Occupancy: 1.6Avg Trip Length: 7 miles# Trips p.a. 960Total Mileage: 6,726
Highest Mode Occupancy: 2.1 (shopping)
Lowest Mode Occupancy: 1.2 (commuting)
![Page 44: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/44.jpg)
Could we now have a transport system which behaves more like a
nervous system?
![Page 45: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/45.jpg)
That adapts continuously to its customers?
![Page 46: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/46.jpg)
That is highly flexible and responsive to the ever changing demand patterns of the citizens in a municipality?
![Page 47: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/47.jpg)
Offering the full spectrum of service levels, prices and ride qualities
![Page 48: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/48.jpg)
A choice of various vehicle types and configurations
![Page 49: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/49.jpg)
For instance, large capacity buses for peak times
![Page 50: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/50.jpg)
but with a preselected group of passengers so the bus functions like an express bus or luxury vehicle
![Page 51: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/51.jpg)
or optimised for co-riders engaging in a particular activity
![Page 52: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/52.jpg)
The best vehicle to suit the customer's context
![Page 53: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/53.jpg)
A choice of ambience
![Page 54: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/54.jpg)
Choice of ride partner
![Page 55: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/55.jpg)
appropriately equipped vehicles for parents with small children
![Page 56: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/56.jpg)
appropriate vehicles for the mobility impaired
![Page 57: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/57.jpg)
Shared rides for club meets
![Page 58: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/58.jpg)
Transport solutions for medical professionals
![Page 59: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/59.jpg)
Shared rides to help nurses cheaply travel to work at hospitals
and group up to travel in order to be able to respond to shift patterns, even if they don't drive
![Page 60: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/60.jpg)
Commuter solutions for co-workers
![Page 61: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/61.jpg)
From a system that is always on
And always taking bookings
![Page 62: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/62.jpg)
The potential applications are endless
![Page 63: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/63.jpg)
Instead of pandering only to the most common type of person
A phenomenon that could be described as "The Short Head"
![Page 64: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/64.jpg)
A transport system could now adequately serve any section of society - including consumers previously regarded as "niche"
![Page 65: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/65.jpg)
Eliminate the language and script difficulty of both hailing a cab...
![Page 66: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/66.jpg)
and specifying a destination
![Page 67: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/67.jpg)
Innovative, intuitive hailing and billing mechanisms
![Page 68: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/68.jpg)
Catering to tourists and non-native speakers
![Page 69: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/69.jpg)
Branded transit firms rather than simply taxi firms or bus companies
![Page 70: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/70.jpg)
The distinction between buses, taxis, limousines and high end car service firms could finally be moved to one of simply service level proclivity
![Page 71: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/71.jpg)
Buses could operate almost like taxis - picking up passengers from nearer their front doors
![Page 72: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/72.jpg)
Or indeed taxis could now be considered to be small buses, replacing many functions previously
fulfilled by scheduled services
![Page 73: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/73.jpg)
With a pre-screened certain subset of customers inside, like business travellers
![Page 74: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/74.jpg)
Activity partners
![Page 75: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/75.jpg)
Or school children
![Page 76: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/76.jpg)
Corporate outings
![Page 77: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/77.jpg)
Businesses could now attract and retain even more custom
![Page 78: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/78.jpg)
and bar or restaurant patrons could now avoid
the hassle of trying to arrange a designated driver
![Page 79: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/79.jpg)
or the hassle of a conviction
![Page 80: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/80.jpg)
Women could opt to travel in women-only taxis for safety purposes
![Page 81: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/81.jpg)
with a woman driver
![Page 82: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/82.jpg)
And how about payment methods?
![Page 83: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/83.jpg)
Could these be done any better?
![Page 84: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/84.jpg)
Credit Cards?
![Page 85: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/85.jpg)
Prepaid Accounts?
![Page 86: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/86.jpg)
Simple Text Messages
![Page 87: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/87.jpg)
Vouchers
![Page 88: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/88.jpg)
And how about options?
![Page 89: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/89.jpg)
Huh?
![Page 90: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/90.jpg)
As in you pay a small amount upfront to be able to get a specific ride at a certain price on a specific future date
![Page 91: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/91.jpg)
Or conversely be able to sell a ride that you may not be able to use as planned for a certain minimum price
![Page 92: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/92.jpg)
Much as how commodity futures are traded on exchanges
![Page 93: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/93.jpg)
Which is incidentally where such derivatives found their first large scale uses
![Page 94: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/94.jpg)
Think of buying a ride like you would buy foreign currency for a trip abroad
More like a currency (futures) exchange
![Page 95: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/95.jpg)
Or even mobile phone minutes
![Page 96: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/96.jpg)
And Forwards and Futures
![Page 97: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/97.jpg)
Huh again?
![Page 98: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/98.jpg)
Like buying blocks of trips (of a specific quality and to a certain destination) in advance
![Page 99: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/99.jpg)
Much like how people buy contracts for certain agricultural commodities
or oil
![Page 100: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/100.jpg)
Similar to how you might book a hotel room...
![Page 101: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/101.jpg)
or airline seat....
![Page 102: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/102.jpg)
But with the option to pay for the block booking in installments rather than all in one go
![Page 103: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/103.jpg)
Rate your ride provider
![Page 104: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/104.jpg)
Rate your travel partners
![Page 105: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/105.jpg)
Rate the overall experience
![Page 106: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/106.jpg)
As when buying airline seats or hotel rooms, know the final price of the trip before you even board - based on
the destination
![Page 107: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/107.jpg)
And know when your vehicle is due to leave, since you booked it
![Page 108: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/108.jpg)
Make direct comparisons between providers
![Page 109: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/109.jpg)
And if you cannot use a booked trip or a series of trips- simply sell them back to the exchange
Like a trader
![Page 110: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/110.jpg)
That, in a nutshell, is the Transit Exchange Concept
Designed to make the transport system in a city into a holistic entity - more like a travel operating system
![Page 111: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/111.jpg)
or a "Battlespace"
More precisely - a "Travelspace" - with applications, nodes and protocols
![Page 112: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/112.jpg)
One that finds travel partners for people in order to make the most efficient use of each of fuel, time and the roadspace in a city
while lowering the (true) cost of movement for all passengers
![Page 113: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/113.jpg)
And while keeping the earnings up for the vehicle operators
![Page 114: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/114.jpg)
Because we are all more connected in our lives and habits than we may realise
So we can thus optimise the travelspace and its actors.
![Page 115: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/115.jpg)
This is now no longer science fiction. It has been able to be achieved since the invention and proof of deployment of a Texxi system in 2006 - 2008
The future just happened. The future is now.
![Page 116: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/116.jpg)
Thank you for watching
![Page 117: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/117.jpg)
At the time of invention, Texxi and Crane Dragon had no affiliation to any institution. Academic or Corporate.
Texxi was invented by Eric Masaba in 2004 as a solution to the predicted trifecta of a credit crisis, high oil prices and congestion based on global growth of numbers of both automobiles and human beings.
It was largely a fluke.
![Page 118: Transport: A New Beginning](https://reader033.vdocument.in/reader033/viewer/2022051412/54bb9a634a7959336b8b4685/html5/thumbnails/118.jpg)
Texxi - The Electricity MarketTexxi - The 7 ModesThe Core Concepts of a Transit ExchangeTexxi - Company OverviewConnectivity of a Transit ExchangeTexxi - EU Market SizeTexxi - The Market OpportunityNew Transport Policy OptionsThe DRT Exchange ExplainedThe New Transport Economy (REPLAY)Results from Texxi Deployments 2006 - 2009Market Makers and Liquidity in DRT MarketsThe Long Tail for the Transport IndustryThe Evolution of Travel and Search
More presentations