PARQ: Revolutionizing parking spaces to develop smart, green and connected cities globally

hypervira (46)in #ico • 6 years ago

Most of us find it a lot simpler to go out while driving our own vehicles. The convenience it provides without having to line for taxi or book on some car hailing app is indeed a time-saver. But what is probably the most annoying thing in bringing a vehicle yourself is the stress and cost caused by looking for parking spaces.

Many cases have already been recorded where arguments because of parking spaces end up two parties fight for it physically and incur damages. Many have also recorded a lot of wasted time for looking on empty parking spaces and end up getting late on their appointments. The point is that despite the convenience of bringing a personal vehicle, there lies a greater argument a driver needs to tackle.

With the advancement of technology, many have already tried to address such concerns. To provide a smart parking solution that benefits people at a much larger scale will definitely revolutionize this industry. With this idea in mind, the Parksen Green, Smart and Connected City Platform will first be issuing a parking app that will provide drivers a heads up on available parking spaces and reserve them ahead.

Parksen is parking app developed which is a stepping stone for the makers’ ideals in providing a Green, Smart and Connected City Platform that the world could make use of.

The traditional challenges involved in car parking will be solved using the PARQ app which allows drivers to look for and pay in advanced for empty parking spaces. Such solution will eliminate congestion, pollution, cost and stress incurred from the traditional parking platform where drivers end up waiting for a long time to find an empty slot, fighting over empty spaces and paying for expensive tickets as well additional costs for car fuel and charges.

Through the use of IOTA and Ethereum blockchain, smart contracts, IoT devices, artificial intelligence and a real-time parking app, PARKSEN will be able to actualize their ideals for a smart and green parking platform.

The image above shows the model for the smart parking solution. Parksen is a real-time, reliable, transparent and user friendly mobile application that users can use to ease parking challenges. The project model works by having cameras and sensor installed which will help garage owners, municipalities and cities to mark their empty and available parking spaces and be shown in the app. Car owners can now easily find, reserve and pay for their parking space even before leaving their homes. With Parksen and its utility token, PARQ, car owners are now assured that they will be charged fair parking fees through the utilization of smart contracts and a much better parking experience.

Challenges Solved

The current and traditional parking system incurs a lot of wasted time and money for car owners. Car owners, despite being in a rush, will sometimes end up having to make rounds around the block in search for empty spaces which give additional fuel costs and wasted time for losing appointments.

The second challenge is its outdated workflow. Because of the lack of technology adaption, cities, municipalities and garage owners end up not utilizing the full potential of their parking spaces. They either end up at loss or of no profit.

Another challenge, and probably the most alarming issue, is pollution. Because of the tail-to-tail traffic congestion, the increase of air pollutants from cars ends up damaging a great portion of our environment. Congestion is another result of having vehicles making rounds in search for empty spaces.

And the last challenge Parksen would like to address is the parking costs. A lot of car owners end up paying more for parking fees because of unjust fines. And because they do not want to create some ruckus, they have no other choice but to abide and spend money on which they should not.

The Parksen Goal

Parksen’s goal is to revolutionize cities by providing smart, connected and green solutions. The first of which is the Parksen parking app.

Its platform’s main components include the Parksen parking app, a Green Smart and Connected City Platform, a Cloud Solution and the PARQ token.

The Parksen parking app contains the mapped parking spaces of the platform’s partners. Connected via cloud, car owners are guaranteed real-time updates on parking spaces and a user-friendly app that one can easily go through to.

The Cloud solution contains all necessary information in one place. This will save a lot of time, effort and cost versus maintaining multiple individual hardware and software. This makes Parksen’s solution a lot economical which is why solutions provided also remain economical for all its users.

On the other hand, the Green Smart and Connected City Platform dashboard tracks information for an easy access to all users. Lastly, the PARQ token is the utility token used within the platform used to pay for parking spaces. This will be utilized by the users and be embedded on their digital wallets. Bringing coins for parking fees is now a thing from the past.

Built on three fundamental pillars – green, smart and connected, Parksen will revolutionize parking spaces to develop smart, green and connected cities globally.