We all are aware of the endless potentials of the blockchain technology and its numerous problem solving abilities, this is the reason why we now have this technology integrated in most global sectors including finance, entertainment, and commerce among several others. Like I have always and will always say, the blockchain technology cannot be fully explored by just one project, never. Little wonder why we now have several projects based on the technology with each of them having a specific existing problem they want to get rid of.
The same thing just happened to the transportation and parking industry which seemed very promising, yet underrated and under-explored. Please sit back and enjoy my review of this great blockchain platform that is set to bring a whole nw change to the transportation and parking industry.
What are the Existing Problems of this Industry?
As promising as this industry seems, there seems to be a lingering problem obstructing its progress and development.
**Below highlighted problems are the most worrying of the challenges of the industry;
- Stressful searching and overpaying for parking spots by drivers
- Highly increased tail-pipe emissions which occurs whenever there’s congestion which apparently leads to several health issues and
- Several unused parking spots which is as a result of lack of cooperation between the numerous companies and garages which uses their own different software and hardware.
Drivers waste a lot of energy, time and money for just searching for good and convenient parking spots and this has been the greatest of all the problems being experience by drivers in the industry while park owners complain too often mainly on their wasted parking spots which lack patronage by drivers.
Parksen platform happens to be the god news to this industry as they have come up with a real-time solution that will improve greatly the productivity and potentials of the industry.
Introducing Parksen Platform
The transport and parking industry is just about to witness a great revolution in its operation as Parksen platform which is a blockchain based platform has developed an easy to use application which will allow users the opportunity of getting the latest traffic updates and also get information on the nearest available parking spots nearest to them.
Parksen has adopted the use of several IoT devices which will assist a great deal in the globalisation of the company which was initially established in Netherlands in 2015.
The Parksen App works on the cloud which has connections with several garages and municipalities through several APIs. The number of cars that are being parked in a spot is being mapped by the application and it also forecasts the parking spot activities of a particular park for nearest future.
With this great invention, drivers will be aware of present traffic situation and also get access to the available parking spot prices, therefore, the issue of overpaying by drivers will be completely eliminated.
Token and ICO Details
Token ticker: PARQ
Token type: ERC-20
Total supply: 1,000,000,000
Price per token: 0.1$
PARQ token shall be used as a medium of payment for all users and stakeholders within the App, the team has also planned to use 10% of its yearly profit to carry out a token buyback and burn program.
Conclusion
With the clearly stated mode of operation of this platform its working product and also the professionalism of the team members, then it is of no doubt that the project will succeed in transforming the parking and transportation industry and also reduce the congestion rate in highly populated areas. Therefore, in my own opinion, the project isn’t a project to be missed for anything.
Kindly check the links below for more information on Parksen platform;
/Website/Whitepaper/Facebook/Telegram/Twitter/
Bitcointalk username: dvmmayowa
Bitcointalk link: https://bitcointalk.org/index.php?action=profile;u=2505500