John, a 23-year-old energetic young man just got a degree in business. Not long after that, he got his first job as a salesman in a Fortune 500 company, dealing with rotating equipment. He must be a lucky man, knowing that it is hard for fresh graduates to land themselves with a job.
He wakes up every day at 6.30am. He brushes his teeth, takes a shower and he heads to the kitchen to have the eggs, bacon, mash potatoes, and orange juice that his mom has prepared earlier. This is the life of a single man that still lives with his mom and dad.
At 7.30am sharp, he walks out of the door and starts his car. He checks his Waze navigator and it says 25 minutes to destination. There is a sense of relief that he could get to his office on time, at 8.00am. He braves the traffic and at 5 minutes to 8.00am, he is right in front of his office. His eyes are running around to find any available parking spots. Nothing! Then he makes another circle around the block, still nothing! 5 minutes have gone, and he tries another time. But still, luck isn’t on his side and he gives up. He decides to find a spot somewhere else and 7 minutes later, he finds a spot 3 blocks away from his office. He shuts his engine, starts walking and he is 15 minutes late when he puts his thumb on that biometric attendance machine. This has been going on for the last 2 weeks and if this goes on for the next few weeks, there is a high chance that John might not get through his probational period.
The problem here is not about John being a man without discipline. It is about the hassles that he has to go through to get a parking spot. John is not the only one who has to experience this every day. We all do! And this is not limited to finding a parking spot when we go to work. During the weekend, we drive to the city to shop, to eat and to party, and parking has always been a problem. It is a disaster!
How much time is wasted? How much gasoline is wasted? How much carbon footprint do we add every day?
Parksen a European based company, working on its smart parking system PARQ. The system comes with an app that allows users to book parking spots at any time and from anywhere. Users can also list and register their available parking spots or even garages for rent. The app makes it very simple and quick for users to make a booking. Select the destination and time.
The IOT (Internet Of Things) technology will automate the search of available parking spots and will ensure that users get the nearest available spots to their destinations. Reservation for parking spots can be done in a matter of seconds.
The decentralized nature of the system allows the implementation of the smart contract that ensures all transactions are transparent, trustless and traceable. PARQ app also comes with a GPS navigation system that shows the fastest route to the destination, which makes everything even more seamless. Book and navigate within one app.
All payments within the PARQ ecosystem will be done using the PARQ tokens, an ERC-20 utility token that is generated on the Ethereum blockchain.
Benefits Of PARQ
- Saves time – It takes only seconds to make a booking and users do not need to circle around the blocks to find available parking spots. While payment can be done on the mobile app, instead of queuing at the kiosk.
- Go Green! – Less gasoline is burnt, and no paper is wasted on parking tickets and receipts.
- No hidden charges – Everything is transparent on the blockchain.
- No foreign exchange issues – Cryptocurrency can be used globally without any conversion rate.
- Earn side income - Individual parking spots owners will be able to list their spaces on the app.
Project Roadmap
Token Sale
PARQ is now doing the token sale to raise funds to further develop the project. You can find more details of the token sale in the following channels:
Website: https://www.parqtoken.com
Twitter: https://twitter.com/PARQtoken
Facebook: https://www.facebook.com/PARQtoken/
Telegram: https://t.me/parqtoken
Author
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1774179
ETH Address: 0xB7DCe1B36B8E57b9C9160CdB9DaaD16a9935319c