1.
Optimising Global Travel
Transit Exchange XXI
The Supply Side
Interconnected Conference
Amsterdam March 22nd 2018

2.
The Gimp (2006)
Utopia Productions

3.
So what is this Texxi thing all about?
simple vehicle sharing...?
on demand ride sharing.....?
taxi hailing....?

4.
It is a Transit Exchange system

5.
Mission
Reform global transport by optimising
roadspacetime use in a real-time dynamic
fashion

6.
Mission
Create a single open, fair and free market
for all modes of ground transportation in
a city / municipality / country

7.
Vision
Apply concepts from the internet and free
markets / futures exchanges to transport

8.
Vision
Breaking up the different layers of
ownership in the transport model

9.
Vision
Change fundamentally the method of
generation of revenue from road usage -
reverting to the "appliance" concept

10.
And that the market for this
in the USA + EU5 alone
is at least $10,000 billion per annum

11.
What is a Transit Exchange?
A set of systems, algorithms, operational methods / concepts and
marketing applied to any vehicle operation within an urban
transportation nexus.
To enable any operation to optimise its vehicle
load factors (and thus increase earnings) by
permitting customers who so wish to share rides.
By using a mobile device to interact with the exchange and thus
the multimodal transport fleet.
(summon the ride by SMS, smartphone, web or email)

12.
Social
Networks
Futures
Exchanges
The Transit Exchange
Geolocation
+ Mobile

13.
A Transit Exchange is actually the blockchain on which
bitcoin like “apps” like Uber / Didi / Lyft will sit

14.
It is a search application / algorithm for
demand responsive transit

15.
enabling largescale dynamic real-time ridesharing,
real-time road and congestion pricing

16.
But if you can remember only one
thing from this presentation

17.
The Texxi system is fundamentally about
Congestion Pricing & Roadspacetime

18.
All the taxi / carshare stuff
is mere icing on the cake!

19.
A Transit Exchange is designed to optimise
roadspacetime use (and thus reduce congestion)

20.
increase vehicle occupancy and reduce
fleet fuel use for the same carrying capacity
of a road system

21.
reducing the price of travel for folk

22.
while increasing revenues for
both vehicle service operators
and the road operator

23.
All this for a 0.10 reals fare hike?
People take transport seriously!

24.
With the issues in Brazil
being very capable of
showing up just about
anywhere else

25.
The opportunity has never been more ripe as now
to reform global transport and change mobility

26.
all without limiting freedoms

27.
As such it is an overall system
that combines several key characteristics, (operational concepts,
algorithms and knowhow)

28.
It sounds like simple smartphone taxi hailing..

29.
The Best Known Ride Hailing
startups

30.
but that changing the way people summon rides
was only step one of changing mobility

31.
Carshare / Car rental companies

32.
They are the customers!
The afore-mentioned are our competitors,
who will compete with one another on the
platform we charge them on (FRAND)

33.
A Transit Exchange is actually the blockchain on
which the Uber / Didi /Lyft Bitcoin sits

34.
Texxi was originally a project to map credit default
contagion in the financial markets in 2003

35.
And Texxi was originally based on a distributed,
encrypted set of ledgers that stored details on
trips... from 2004/5 onwards

36.
Perform a continuous set of very large
combinatorial optimisation problems
using genetic algorithms and heuristics
to group as many people into as few vehicles as
possible every minute of every day

37.
NO. VEHICLES: 200
NO. TRIPS / HOUR: 2
VEHICLE OCCUPANCY: 2.5
MAX PASSENGER CAPACITY: 3
PASSENGER FLOW RATE / HOUR: 1000
COST PER TRIP: £3
TOTAL REVENUE: £7,500
NET REVENUE: £6,000
NO. VEHICLES: 100
NO. TRIPS / HOUR: 2
VEHICLE OCCUPANCY: 5.0
MAX PASSENGER CAPACITY: 7
PASSENGER FLOW RATE / HOUR: 1000
COST PER TRIP: £2.50
TOTAL REVENUE: £12,500
NET REVENUE: £10,000
NO. VEHICLES: 500
NO. TRIPS / HOUR: 2
VEHICLE OCCUPANCY: 1 person
MAX PASSENGER CAPACITY: 3
PASSENGER FLOW RATE / HOUR: 1000
COST PER TRIP: £5
NET REVENUE: £5,000
20% cut

38.
It is in fact a crypto-compuational currency

39.
What we have actually done is describe and
design an entirely new way in which to run
our road system

40.
It is a $10 Trillion annual market
at the very minimum