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Penny was the 3rd place winner of the Hedera Hashgraph global hackathon out of the London location. This was submitted by Max Boender and Bogdan lonut Gheorghe.
Highway Infrastructure Micro-payment Platform.
In the UK there is currently a £9.3 billion roads repair backlog. The collection of road taxes is a relatively "dumb" process, as there is little/no interaction with citizens. By building a platform on hedera which collects receipts for Vehicle Excise Duty (VED) we believe we can crowdsource information and revenue for infrastructure improvements - such as the timely repair of developing potholes.
By collecting Vehicle Excise Duty as micro-payments on a per meter traveled basis our platform is well positioned to transparently receive costs based on usage. With the introduction of autonomous connected vehicles, passengers may bear these costs, but could also direct resources to those infrastructure improvements that benefit them - such as enabling the efficient and timely repair of potholes.
HOW IT WORKS
Our dapp uses the mobile phone gyro feature to detect a drop and rise indicating a pothole. Latitude and longitude are recorded in a smart contract, along with magnitude, and a penny payment.
The Vehicle Excise Duty per journey can be calculated and payment made to a smart contract representing the vehicle. With autonomous connected vehicles, this cost can be assigned to passengers.
Crowdsourced payments / signals
Payments can be used to signal what citizens want to be addressed, as well as transparently showing what financial resources have been collected.
As funds have been collected in smart contracts it will be possible to realize efficiencies by automating what work needs to be done, along with payment for completed works.
This model of crowd-sourced information collection can be used to indicate citizen desires, such as reducing waiting times in the NHS. This desire is currently unrecorded and therefore unaddressed.
See an overview from the team as well as how it works in their attached presentation.