. Medical and Hospital News .




FAST TRACK
Crowd called to power Hyperloop high-speed transport
by Staff Writers
San Francisco, California (AFP) Aug 29, 2013


The Internet crowd on Thursday was called on to make real Elon Musk's vision of a Hyperloop transport system that carries passengers in pressurized tubes at near-supersonic speeds.

The Hyperloop project went live on freshly-launched crowdfunding platform JumpStart Fund, which marries crowd-sourcing expertise with crowdfunding.

"We believe the world is full of entrepreneurs who have great ideas but do not have the time or resources to make them a reality," said JumpStart Fund chief executive Dirk Ahlborn.

"JumpStart Fund was built for that reason alone - to provide them with a place to bring their ideas to reality."

The platform was launched a week ago by California-based online community Jumpstarter, which has been involved in matching investors with technology opportunities.

Jumpstarter said that it reached out to Musk's private space exploration firm SpaceX to feature his Hyperloop plan at the platform.

Earlier this month, Musk unveiled a design for a super-fast Hyperloop transport system that could zip people between cities.

Musk, who heads electric car maker Tesla Motors and SpaceX, released a 57-page document describing the project, which he claimed could connect Los Angeles and San Francisco in 35 minutes.

Musk depicted it as a new form of transport, different from traditional rail, which would carry passengers and goods in pods in a contained system elevated on pylons.

The system is capable of speeds reaching 1,220 kilometers (760 miles) an hour, or Mach 0.91, according to Musk's document.

The technical paper said Hyperloop "consists of a low pressure tube with capsules that are transported at both low and high speeds" along blankets of pressurized air.

Musk has referred to the system a cross between a "Concorde, a rail gun and an air hockey table."

Musk billed his small team's technical paper as an "open source design" for others to build on but noted that he is "tempted" to build a demonstration prototype.

The Hyperloop concept will be among the first to go through a JumpStartFund.com vetting process that involves the online community refining worthy ideas in business models.

"Members will be further asked to collaborate on every aspect of bringing the concept to reality," JumpStarter said in a release.

The process includes coming up with additional ways of using the idea, and creating a development team.

While raising money from the masses on the Internet has become common at websites such as Kickstarter and Kiva, the new fund goes further by adding patented technology and problem-solving perspectives to the formula.

"We are trying to give startups tools they need to make their product more successful," Fund co-founder Ahlborn told AFP. "Crowdfunding together with crowd-sourcing is a solution."

JumpStart Fund was designed to be an online community where people can share ideas and build businesses, with individuals getting stakes in startups based on what they bring to the mix.

"Ideas get submitted, or it can be a patent, and we move it to a work-in-progress stage," Ahlborn explained.

The Hyperloop project was expected to win enough votes at the Fund to become a work-in-progress.

Those who participate in shaping startups get advisory points which translate into shares in revenue.

Business ideas can be submitted from anywhere, but resulting companies will be formed in the United States, according to JumpStart.

Business models built with knowledgeable input from the "crowd" and based on viable technologies should prove enticing to investors, who are welcomed in JumpStart's online community, according to its founders. gc/dw

.


Related Links
Great Train Journey's of the 21st Century






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





FAST TRACK
Canada to build rail network for increased U.S. oil sales
Calgary, Alberta (UPI) Aug 16, 2013
Canada, currently the biggest source of U.S. energy imports, is seeking to expand that role, Calgary-based TORQ Transloading has proposed building a $100-million rail hub able to ship 168,000 barrels of oil per day to U.S. markets in Kerrobert, Saskatchewan. TORQ Transloading CEO Jarrett Zielinski said, "We think that Saskatchewan is strategically located. It has access to all t ... read more


FAST TRACK
Raytheon provides public safety a bridge from land mobile radios to smartphones and tablets

Mutualink Unveils Google Glass for Public Safety

Russia convicts officials of 2012 floods negligence

Disaster-weary Philippines mops up after deadly floods

FAST TRACK
Satellite tracking of zebra migrations in Africa is conservation aid

'Spoofing' attack test takes over ship's GPS navigation at sea

Orbcomm Globaltrak Completes Shipment Of Fuel Monitoring Solution In Afghanistan

Lockheed Martin GPS III Satellite Prototype To Help Cape Canaveral Air Force Station Prep For Launch

FAST TRACK
Building better brain implants: The challenge of longevity

Researchers say human foot not unique, more like those of great apes

Archaeologists find evidence of separate Neanderthal cultures in Europe

Spread of prehistoric peoples in California tied to environment

FAST TRACK
Kenya jails Chinese ivory smuggler in landmark ruling

Ancient cycads found to be pre-adapted to grow in groves

Rising mountains, cooling oceans prompted spread of invasive species 450 million years ago

Forest-interior Birds May be Benefiting from Harvested Clearings

FAST TRACK
Scientists find another flu virus in Chinese chickens

Long-term study backs early HIV drugs for children

Cambodian boy dies from bird flu: WHO

Infectious diseases and climate change intersect with no simple answers

FAST TRACK
China's Bo show likely condoned by officials: analysts

Defiant Bo denies bribery charge as China trial opens

UW geographer devises a way for China to resolve its 'immigration' dilemma

Bo Xilai: rise and fall of a political star in China

FAST TRACK
Russia home to text message fraud "cottage industry"

Global gangs rake in $870 bn a year: UN official

Mexican generals freed after cartel charges dropped

Mexicans turn to social media to report on drug war

FAST TRACK
India manufacturing hits over 4-year low as China rebounds

OECD trims US, China outlook, warns on monetary policy

Economic worry shifts to emerging markets at Russian G20

Outside View: GDP growth revised up but outlook remains treacherous




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement