Texxi

Texxi A set of methods, algorithms and operational concepts designed to price usage of the road in any veh Similarly, drivers receive location and passenger details.

Texxi is a system that enables the dynamic pricing and allocation of the “river of empty seats” in all the vehicles within an urban automotive fleet. Prospective passengers message their intended destination address to the system which aggregates them, placing priority on selecting companions from predefined “groups”. If no group members are present, Texxi matches on other personal preferences. W

hen a ridematch has been made, passengers receive the vehicle details (driver’s name, registration plate) as well as a pickup location. Although initially demonstrated as an exclusively SMS-based system, the overall concept is to allow any suitable messaging mechanism communion with the exchange. The patent application from 2005 - 2006 shows this.

Thank you to Nigel Scott for doing the movie poster image. So I look like a gangster's debt collector. Perhaps We will f...
01/10/2020

Thank you to Nigel Scott for doing the movie poster image. So I look like a gangster's debt collector. Perhaps We will find another , less threatening version.

In this episode, chaired superbly by Kevin Borras, Rory, Dave and Eric discuss new ideas for transport and how to psychologically nudge people into realising that congestion pricing can work for them.

I discuss negative congestion charging, road financing solutions, some crypto and a whole new way to both store your mon...
17/04/2020

I discuss negative congestion charging, road financing solutions, some crypto and a whole new way to both store your money (important in these times) and allow cities to keep vital transport links open.

The whole point of inventing app based ridehailing (yes - it was me back in 2003 - 2006) was to
1) Get people used to hailing transport without talking to anyone (Zingo used voice with geolocation in 2000)
2) Get people to consider their total ridesharing options by showing them potential matches for their trip via social networks and geolocation (hence my pending patent since 2006)
3) Change the way road access prices are calculated based on an "airport slot pricing" model so that the Road Operator can raise funds from subscribers in the same way as timeshares work in the hospitality industry.

My 3rd I discuss negative congestion charging, road financing solutions, some crypto and...

Looks like the Uber IPO will be a real event.According to some, their IPO needs to target a valuation of $90 - $120 bill...
10/04/2019

Looks like the Uber IPO will be a real event.

According to some, their IPO needs to target a valuation of $90 - $120 billion, in order to raise the $10bn to keep the company afloat.

I hope Uber doesn't commit fraud by "forgetting" to disclose materially significant facts, like use unauthorised of intellectual property.

Or perhaps filing patents on things they knew to exist before you claimed to have invented them.

Eric, Sam and Ramesh discuss the impending crash in the markets.
11/02/2019

Eric, Sam and Ramesh discuss the impending crash in the markets.

P vs NP
11/02/2019

P vs NP

The only way forward for all cities is the adoption of a roadspacetime pricing model. This will also serve as a  store o...
11/02/2019

The only way forward for all cities is the adoption of a roadspacetime pricing model.

This will also serve as a store of value which will behave like a computational crypto-currency, permitting computer processing resources to be used to calculate versions of the NP-hard bin packing problem for grouping people in vehicles.

Since grouping up people based on their flexible schedules is a time-limited opportunity ( perishable ), the value accrued by the successful solution of these problems will be stored in a digital ledger and used in the exact same way as other crypto-currencies. The proof of work comes from solving the grouping problem.

While it is part of the same set of NP-hard problems as vehicle routing, this is actually the knapsack/bin-packing problem, used to sort preferences to find groupings of people so they learn to share smaller capacity vehicles.

Meanwhile the people who stay off the roads at busy times get paid in this digital currency.

Any city can now raise revenues by better pricing and trading of the roadspacetime. We would see congestion vanish in big cities.

Address

London

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