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Author Topic: [ANN][ICO] ZeroToken solving traffic congestion  (Read 384 times)
ZTCEO (OP)
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August 01, 2017, 06:50:53 PM
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Road Congestion, a classic tragedy of commons problem, is uniquely solved using an ether smart contract governance model and a gamification and smartphone framework. Crowdsale angel day and weekly bonuses. See details at www.zerotraffic.io

By combining pervasive user owned GPS smart phones, new gamification techniques that allow motivation and  engagement to be increased with non-monetary rewards, and our  unique experience in Intelligent Transportation Systems we see the potential to reduce rush hour commuters by 5-10% and increase remaining travel speed to the speed limit or free flow rate.

Elinor Ostrom, Noble Prize winner in Economics in 2009, is an expert on tragedy of commons type problems of which recurrent congestion is one. Solutions to these problems require the setting of “incentives for responsible use”, which in our opinion crowd sourced communities like ours can uniquely solve. Our incentives are non-monetary, positive and voluntary and do not have the negative controversies of tolls or taxes to fund roads which discriminate against the low income commuters.

FHWA says “The cost to construct one lane-mile of a typical 4-lane divided highway can range from $3.1 million to $9.1 million per lane-mile in rural areas depending on terrain type and $4.9 million to $19.5 million in urban areas depending on population size.  “ which is prohibitive https://www.fhwa.dot.gov/asset/hersst/pubs/tech/tech06.cfm

Use of congestion fees to modify driver behaviour has been considered, but extremely high set-up and operational costs along with poor political reception has severely limited its use. Recently incentive based solutions have been studied in a number of jurisdictions (Bangalore, Netherlands, Stanford and Singapore) and results show that they can be effective.

When Waze and Google Maps get a critical mass of users, then no one has a competitive advantage over anyone else, so only demand reduction will work, and that's what we do. Join us to help you and your city.

Zerotraffic.IO has a unique solution not used by governments. We the people can solve this problem with a set of incentives in a smart phone app. Ether smart contracts ensure governance is distributed. Buy ZTT coins at www.zerotraffic.io
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