A car-sized sled powered by electromagnets rocketed to more than 100 miles (160 kph) an hour through the Nevada desert on Wednesday in what the Los Angeles company developing the technology said was the first successful test of a futurist transit system called hyperloop. Hyperloop One is among several companies competing to bring to life a technical vision by Elon Musk, the founder of rocket maker SpaceX and electric car company Tesla Motors, who suggested sending pods holding passengers and cargo inside giant vacuum tubes between Los Angeles and San Francisco. Commenting on by when the hyperloop would be in operation, CEO Rob Lloyd, in a recent interview said: "I'm entirely convinced we'll be seeing freight moved in a Hyperloop by 2020, maybe 2019, and our first passengers by 2021." Abu Dhabi to Dubai in 15 minutes? Imagine this: Travel from Abu Dhabi to Dubai in a tube at hypersonic speed. Travel time is just 15 minutes and fare is paid not by cash or card but with digital currency from your smartphone. The environment has become pollution-free because of nanotechnology that harnesses energy more efficiently This scenario was painted at the World Government Summit, earlier in February this year, by speakers who discussed the hyperloop transport system, bitcoins and nanotechnology as the future of renewable energy. Brogan Bambrogan, co-founder and chief technology officer of Hyperloop Technologies, said: "Hyperlop is not science fiction, it is real and it's happening. We are doing hardcore engineering to bring this technology from the drawing board to real hardware, into reality."
Bambrogan described the hyperloop as the future of transport, travelling at near the speed of sound. This futuristic mode of transport was first conceptualised by Tesla Motors CEO Elon Musk who called it the "fifth mode of transport."
Brogan Bambrogan, co-founder and chief technology officer of Hyperloop Technologies at Dubai's World Government Summit
Nicolas Cary Co-Founder and President of BlockChain during on the second day at the World Government Summit in Dubai on Tuesday 09, February 2016.