Virtual Traffic Lights Have Many Applications
Time is Money
Natural building block for autonomous cars: can facilitate and expedite large-scale deployment of autonomous vehicles by eliminating infrastructure-based traffic control.
Manage airport traffic without needing infrastructure or large man power.
The VTL technology can be used to mine traffic data and analyze using machine learning.
Progressive road tax
During partial penetration cities may use progressive road tax in managing traffic.
VTL technology can be used by insurance companies to reward those customers who adapt the VTL technology to contribute to safe driving.
Traffic control in rail transportation using train-to-train communications and without central control centers.