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Breaking News: Galaxy Digital's Bitcoin Outlook: Uncertainty For Next Year, $250,000 Goal Set For 2027
Enhanced speed for DApps

Could Ford Enable Drivers to Pay in Crypto for Freedom of the Fast Lane?

Melanie Kramer
by Melanie Kramer
Last Updated: March 31, 2018 4:00 am
·
Posted in News, Altcoin News, News teaser, Technology
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A patent application filed by Ford describes a Cooperatively Managed Merge and Pass (CMMP) system that would allow drivers needing to travel quickly to use less congested lanes, and travel more freely, by paying other drivers in cryptocurrency. Other road users would move to slower moving lanes and allow a paying driver to merge or pass.


Vehicle-to-Vehicle Cooperation to Marshal Traffic

Primarily, the patent, filed on September 16th, 2016, describes a system for “vehicle-to-vehicle cooperation to marshal traffic” whereby compatible vehicles communicate electronically to identify traffic “cataracts”.  The “cooperative adaptive cruise control module”, once it has identified a traffic issue, can then coordinate with other cooperative vehicles to form a “platoon” which moves at a constant speed to effectively navigate the traffic cataract or congestion.

Compatible vehicles would be equipped with a “vehicle-to-vehicle communication module” and a “cooperative adaptive cruise control module”.

Solving a Common Traffic Problem

According to the patent Ford is aiming to solve an all too common issue:

“Traffic congestion occurs when one or more lanes of a multilane road are blocked, for example, because of a construction or an accident. The blocked lanes reduce the flow rate of vehicles through the section of the road with the blocked lanes. The reduced flow is compounded due to the psychology of human drivers who focus on their individual travel time preferences.”

In Ford’s proposed system, when a traffic cataract is identified, priority switches from individual travel time preferences to a group flow rate through the traffic cataract.

“Human drivers tend to accelerate too fast and too late when the following distance increases and stop too fast and too late when the following distance decreases.”

There is, understandably, no indication of whether Ford’s ideas could come to fruition, but Ford does also refer to “standard vehicles” with no communications systems, being “marshalled” by “cooperative vehicles”.

Traffic Jam

Cooperatively Managed Merge and Pass (CMMP)

The patent also details an example system called CMMP, where cooperative “merchant” vehicles would receive a payment in units of cryptocurrency, or “CMMP tokens”, from “consumer vehicles” to allow the consumer vehicles to merge, pass, and have priority in faster moving lanes of traffic to reach their destination quicker.

“Other participating cooperative vehicles (sometimes referred to as “merchant vehicles”) voluntarily occupy slower lanes of traffic to facilitate the consumer vehicle to merge into their lanes and pass as needed. The CMMP system operates with individual token-based transactions, where the merchant vehicles and the consumers’ vehicles agree to trade units of cryptocurrency (sometimes referred to as “CMMP tokens”). The CMMP tokens are used to validate and authorize a transaction in which, at consumer vehicle request, the merchant vehicles either occupy slower lanes of traffic themselves or allow the consumer vehicle to merge into their own lane and pass as necessary.”

Pay to Pass Other Drivers with Units of Cryptocurrency

The CMMP system could allow the “consumer” vehicle a certain amount of priority time based on how many CMMP tokens are spent.

“For example, a driver of a consumer vehicle which is running late for an appointment may request to pass any participating merchant vehicles for a duration of 10 minutes on a particular road or highway for 60 CMMP tokens, at a rate of 10 seconds preferential access per token.”

The full patent, filed with the United States Patent and Trademark Office (USPTO), goes into more detail about Ford’s proposed ideas and how they could, in theory, work.

How far off do you think “platoons” of connected vehicles navigating traffic congestion are? Would you pay other drivers for freedom of the fast lane?


Image courtesy of PxHere

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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