MIT Senseable City Lab:

Researchers at the Massachusetts Institute of Technology (MIT), the Swiss Institute of Technology (ETHZ), and the Italian National Research Council (CNR) have developed slot-based intersections that could replace traditional traffic lights, significantly reducing queues and delays. This idea is based on a scenario where sensor-laden vehicles pass through intersections by communicating and remaining at a safe distance from each other, rather than grinding to a halt at traffic lights.