The AI that uses Einstein’s 4th dimension to drastically reduce mass transport fees
Automated ticket payment mechanisms like Oyster, despite their alleged benefits have a series of conceptual, technological and design flaws that prohibit both consumers and the system operators to profit. A new AI-based technology is promising now to overcome all these problems and drastically reduce commuters’ cost. A new ICO will fund the whole endeavour.
Process automations in service provision that attempt to replace manual labour with technology and process transitions with software, unlike manufacturing automations, create more problems than they solve https://goo.gl/NBDTC8 . They need usually massive initial investments, lengthy implementation circles, technological infrastructure, armies of engineers and administrators to implement and subsequently monitor, troubleshoot and repair it, and the worst of all, too many third parties from card issuers to payment processors that result in increasing even further their excessive cost by adding complexity to the system the management of which results in exponential cost. When was the last time consumers enjoyed a ticket price cut? Are you aware that congestion charging schemes running cost are in excess of 56% of their revenues?
Imagine now yourself to be able to utilise any mass transport, anywhere on the globe without the need to interact with any technology, any sensors, to be faced with no barriers, to need no cards and no tickets. Imagine this service being cheaper and under specific circumstances, even for free.
How is it achieved? For those that do remember their maths, the Minkowski diagram allows the mathematical representation of a person’s spatial trace, which we extract from the sensors of one’s mobile. AI routines use this trace in order to determine the Space-Time Occupation of a transport medium and debit the commuter’s e-wallet accordingly. The method has profound benefits for all:
· The whole system can operate from the moment a very small mobile application is downloaded to the commuter’s mobile, which helps him create a Blockchain based e-wallet and accepts a smart contract.
· It requires no initial investment for infrastructure, no sensors, no cards, no monitoring stations, no armies of engineers… nothing
· It reduces existing operational processes from 100s of steps to less than 4 maximising the Markov utility of the system ( https://www.youtube.com/watch?v=DgRqxKt2DYE )
· It reduces the number of 3rd parties involved from 10s to two, reducing complexity by a factor of 10+
· It reduces the systems operational cost by at least 50%
· It can run in parallel with any existing hardware based automation scheme, reducing the cost of service provision from day one and eliminating the possibility of contractual disputes
· It is universal and operator agnostic. All operators need to do is register and create an e-wallet
· It reduces transaction cost by a factor of at least 2
· And the most important, the same system can be used for more than one application, namely; motor insurance, travel insurance, mass transport ticketing, toll payments, congestion charges, road tax, parking, car sharing schemes, etc.
The adoption of the system is expected to generate benefits for both the service operators, as well as all consumers and commuters. The day when operators will announce price cuts is VERY near.
The team behind this new ground-breaking technology is the same that invented the 2DVVI techno-methodology, the Liquid Payments, and the bi-DPCs.
This new proposition code-named Roadebit will be the first of series of propositions under Hellenium Project, and will be offered again through partnerships around the globe.
Details you can find on www.hellenium.com/whitepaper. The Hellenium pre-ICO in now live. Register your place for this groundbreaking project as there will be limited supply of tokens during the discounted pre-sale phase.
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