Here's how Hyperloop One's massive, high-speed transport system will work

Reuters/Steve Marcus

Hyperloop One co-founders Josh Giegel and Shervin Pishevar provided details about how its massive, high-speed transit system would work at the Web Summit conference in Lisbon, Portugal last week.

Both Gigel and Pishevar said the Hyperloop will reshape seaports and create entirely new cities at the summit. Giegel, the start-up's president of engineering, claims the Hyperloop will reach a speed of 1,100 kilometers an hour (about 700 mph). Tesla and SpaceX CEO Elon Musk first proposed the Hyperloop in a 2013 white paper that he made available to the public.

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"In 20 years, the whole world will be interconnected by Hyperloop," Pishevar said at the conference. "In 20 years, riding in a plane will seem like riding a horse, except it's a lot more dangerous to fly."

We broke down Hyperloop One's comprehensive plan for the system - scroll down for a closer look: