Interoperability: Today's Road to Tomorrow's Future

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Then It Became Popular The Network Effect From Wikipedia, the free encyclopedia In economics and business, a network effect (also called network externality) is the effect that one user of a good or service has on the value of that product to other people. The classic example is the telephone. The more people own telephones, the more valuable the telephone is to each owner. This creates a positive externality because a user may purchase their phone without intending to create value for other users, but does so in any case. The expression "network effect" is applied most commonly to positive network externalities as in the case of the telephone. Negative network externalities can also occur, where more users make a product less valuable, but are more commonly referred to as "congestion" (as in traffic congestion or network congestion). Things Are Different in Texas vs. Peer to Peer Smart Hub
Home Agency Home Agency Validation List All Interoperable Validation List $ All Away Transactions $ Home Agency Only Transactions Smart HUB Home Agency • Transmits Home Agency Validation List • Transmits Away Transactions • Uses HUB Reports for reconciliation The Interoperable HUB does the work • Creates & distributes Validation List of all Interoperable Accounts • Separates Home Agency Transactions from all Away Transactions • Provides reconciliation reporting The Smart Hub provides Interoperability in Texas
Page 1 and 2: Interoperability: Today’s Road to
Page 3 and 4: In the Beginning … When did Inter
Page 5: States by Type of Reciprocity Type
Page 9 and 10: Tremendous Growth Experienced NTTA
Page 11 and 12: State Origins of Alliance for Toll

Interoperability: Today's Road to Tomorrow's Future

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