Transport blockchain protocol, TSio Protocol, will launch its white paper at an information event held by London based solicitors, Mills and Reeve, on 28 February, 1200-1500.
The event will outline the TSio Protocol approach to blockchain-enabled secure, transparent and efficient integration of multiple transport operators, and the opportunities this will provide.
“The TSio Protocol will provide fair and open market access with smart contract mechanisms in order to enforce agreements between the travelling consumer and transport provider.”
Si Ho (Founder of TSio Protocol and Chair of TravelSpirit Foundation)
The event will showcase the framework set up by the partners in the project and invite participation and support from the wider transport community.
“Blockchain, the Internet of Things and Artificial Intelligence technologies are now stepping towards a level of maturity ready to offer the transport industry, in combination with existing Web technologies, a universal, secure and scalable platform.”
Sir Nic Cary (Chair of TravelSpirit UK)
TSio Community members include early adopters MyDex, an identity and consent management platform, MyLoop, a wearable technology for public transit and GoMetro, a private shuttle service and public transit planning platform.
“Without efficient, secure and convenient universal interoperability, that can provide transport consumers a single mobility account, we believe the integrated transport market opportunity is unlikely to reach what should be its full potential.”
Justin Coetzee (CEO – GoMetro)
For more information about TSio Protocol visit TSio
TravelSpirit recommends openness in written evidence to the UK Transport Committee.
TravelSpirit submitted evidence to the Transport Committee call for evidence on Mobility as a Service last month recommending that the Committee seeks the most open implementation of MaaS possible. Only this approach will accrue the broadest economic and social benefits and ensure access for all, so that those living in rural areas, the disabled, the elderly and the poorest in society — are protected from narrow, self-interest service implementations.
Whilst there are competing definitions of exactly what MaaS comprises, Travelspirit sees that, regardless of what the end state of MaaS looks like, it needs to be based on values of:
- Universality, where integrated and connected systems provide a path to sustainable and equitable transport;
- Open innovation that rewards sharing information and solutions, to everyone’s benefit;
- Global community working to tackle mobility and transport challenges;
- Local benefit where positive change is demonstrated at a community level.
In a similar way to the development of the current internet – which would not have been possible without openness in the coding and protocols underpinning it – MaaS requires openness in both technical implementation and business models to allow interoperability, be trustworthy for its participants, and reduce costs and network latency for providers.
Whilst there is significant economic potential from MaaS, with some studies estimating the global market opportunity being up to $1 trillion by 2030, government needs to ensure that an ethos of social and community benefits are embedded within the UK approach to MaaS and its delivery.
More about the Transport Committee Inquiry into MaaS
In 2017 TravelSpirit developed an index to asses transport networks’ openness as they move towards Mobility as a Service. This index has been further developed by Richard Goulding at the UCL MaaSLab to assess the readiness of metropolitan areas for the implementation of MaaS systems.
Various characteristics which affect the likelihood of a successful MaaS implementation are assessed to determine an aggregate score showing how ready a city is to implement MaaS.
The calculator can be used to demonstrate what improvements are needed to make a city ready for MaaS. Scores can be compared across cities, showing
where MaaS providers could have the greatest impact.
Below is a summary of the index to download.
MaaS Maturity Index
For further information email email@example.com.