disruption on a grand scale: blockchain and … cary.pdf · sir nic cary . what is blockchain? “a...
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DISRUPTION ON A GRAND SCALE: BLOCKCHAIN AND DISTRIBUTED
LEDGER TECHNOLOGY
Sir Nic Cary
WHAT IS BLOCKCHAIN? “A continuously growing list of records, called blocks, which are linked and secured using cryptography”
Think of it as a distributed, immutable, electronic ledger
HOW DOES BLOCKCHAIN WORK? Let’s use a financial transaction…
WE NO LONGER NEED A CENTRAL AUTHORITY… Until recently we relied exclusively on a trusted third party to keep the score:
• Banks
• ERP systems
• Etc, etc
Now we don’t have to…
CAN WE USE BLOCKCHAIN FOR TRANSPORT? • Yes, you can use it anywhere where trust
is an issue
• Some organisations are betting the farm on it
• Others are betting the farm on them
BLOCKCHAIN OPPORTUNITIES FOR TRANSPORT • Logistics
• Ride hailing and sharing
• C-ITS (Cooperative ITS)
• Vehicle to vehicle communications
• Vehicle to infrastructure communications
• Lorry platooning, and of course…
• Mobility as a Service
BLOCKCHAIN SOLVES A BIG CHALLENGE FOR MaaS…
To be truly successful MaaS depends on the seamless integration of transport across:
• every mode
• every layer
• multiple suppliers
• disparate territories
That is why we need a solution such as the TSio Protocol being developed by Travelspirit
TRAVELSPIRIT TSio PROTOCOL Design objectives:
• Support ecosystem of intelligent mobility services
• Provide system interoperability and roaming capability
• Create trusted multilateral commercial arrangements
• Reduce transaction costs
• Fast verification & compatibility with low power devices
• Prevent fraud and assist customer data portability
LEGACY ARCHTECTURE
Database
Data Access
Business Logic
User Interface
TSio PROTOCOL ARCHTECTURE
TSio Tokens
Mobility Accounts
Smart Contracts
Data and AI
Suppliers
Data Platform
MaaS apps
Customers
Z B
R $ ENABLING MaaS
Current approach: who curates the data and how do suppliers maintain a customer relationship?
Suppliers
TSio Protocol
Customers Data TSio Protocol approach: TSio Smart Contracts remove need for 3rd party aggregators and incentivise behavioural change and data-sharing
TSio PROTOCOL CAN ALSO UNDERPIN AUTONOMY TSio Mobility Account infrastructure will work with Fetch Autonomous Economic Agents to own and manage AVs
TSio Decentralised Mobility Accounts
Road Taxes,
Insurances
and Tolls
Refuelling
and Energy
Grid
Optimisation
Cleaning &
Maintenance
Carrying and
Transporting
Passengers
TSio PROTOCOL: JOIN TRAVELSPIRIT ON THE JOURNEY…
⎔ 2016 Founding of TravelSpirit.io ecosystem
⎔ Manchester, UK
⎔ 2017 TSio Ecosystem Growth
⎔ TravelSpirit Foundation Whitepaper series
⎔ 2018 TSio Token Launch
⎔ Proof of Concept & Beta Release Technology
⎔ 2019 City Pilots
⎔ Alpha Release Technology
⎔ 2020 2nd Phase fundraising
⎔ City network expansion begins…
⎔ 2021 – 2025 : focus on MaaS ecosystem and City network adoption
⎔ 2026 – 2030 : focus on autonomous vehicles market adoption
THANK YOU!