The Hyperloop is meant to transport both people as well as cargo between cities and that too at almost supersonic speeds. There is a test structure that was built in the Nevada desert just 30 minutes away from Las Vegas, and it is to be commissioned by the end of this year. This has a diameter of 3.3 meters, and the test structure is 500 meters long.
There is a similar project which is being developed which will cover the travel from Dubai to Abu Dhabi in 12 minutes. This will decrease pollution and congestion while spurring productivity, innovation, job growth as well as will be a tool to share labor, knowledge, and investment.
The pods aim at traveling at 800 miles an hour, and the company Hyperloop one states that they are ready to give to the world the first working Hyperloop. This is a brainchild of Elon Musk who is a US Billionaire. This will provide a cleaner and more efficient as well as a faster method of mobility. In fact a team of more than 150 engineers, fabricators and technicians have been working on this project, and in 5 months they have achieved a lot in a place that was just a barren stretch of land.