This use case shows how compatible users can replace private car ownership with shared, sustainable alternatives.

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Compatible Supply and Demand

Two private cars are replaced by:

• 1 Shared Access EV (SAEV)

• 1 folding e-bike

• 1 rail season ticket

Together, these cover the same journeys — but only if the car owners have compatible needs for the new services. To establish this, they form a Transport Group.

 

How It Works

Data and value are exchanged on a decentralised network using tokens that can be programmed, and managed by smart contracts. These are used to:

• Link the needs of compatible users with provision of new transport assets

• Link reduction of specific cars with the validation of Voluntary Carbon Credits

 

As with conventional crowdfunding, Transport Group Tokens (TGT) are bought in advance using an authorisation process. When the required number of tokens have been bought, members commit to a smart contract that governs the dynamic pay-per-use* (PPU) rate for the new transport services. (*a pay-per-use price that adapts based on usage and operating costs).

 

In this example, the 2 cars are sold to auto traders for £10,000 each, giving the group £20,000. An additional £5,000 is contributed by other investors, bringing the total value of TGT to £25,000.

This pays for the new shared assets required:

• 1 SAEV: £20,000

• 1 folding e-bike: £5,000

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Voluntary Carbon Credits (VCC)

The value of each member's car is used to buy TGT, which avoids the 'Carbon Rebound' effect and helps to validate VCC.

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Transport Group Token holders earn 5% annual return on £25,000 worth of TGT (£1,250 total). This is paid by other car commuters who purchase VCCs at £0.50/day to carbon offset their emissions. 12 car commuters are required to raise the £1,250 pa required. If accredited by 'Gold Standard', these tokens could also be resold on the open VCC market, validated by the reduced ownership of specific cars of Transport Groups members.

 

Financial Summary

The smart contract manages dynamic PPU rates that cover the yearly operating costs of the Transport Group:

• SAEV: £5,000

• E-bike: £500

• Rail season ticket: £2.500
  Total: £8,000/year

Split between 2 users = £4,000 each — about the same as the cost of owning a car.
Add £500 VCC return, makes each user £500 per year better off. (users each own £10,000 worth of TGT). Users can sell their TGT on a decentralised exchange, either to new members of the Transport Group or to other investors.

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Pilot Steps

1. VCC Pre-Commitment: 11 car commuters buy £0.50/day of VCC, tagged to this Transport Group and held in escrow.

2. TGT Purchase: Transport Group members commit to forming a Transport Group based on compatible needs.

3. Smart Contract Agreement: The Transport Group is formalised; commitments are locked in.

4. Car Sale: Members sell cars to traders; funds go to the Transport Group.

5. TGT Activation: Group holds £25,000 in tokens; VCC funds are released to pay ROI.

6. Service Launch: New transport services are purchased and accessed via smart contract PPU.

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While time is allowed to elapse in steps 1 and 2 may, steps 4 to 6 happen simultaneously — avoiding the transitional cost and delay typically required in the real world