INTRODUCTION TO PARKRES : Parking Reservation System

Good day everyone,i would be writing about the PARKRES PLATFORM,PARKRES let user register their open/free parking spot on PARKRES ecosystem and monetize their free space. Its like parking Airbnb.

Today i would be writing on the following;

A) WHAT IS PARKRES ?
B) PROBLEMS AND SOLTUION
C)PARKRES NETWORK COMPONENTS



WHAT IS PARKRES?

PARKRES is an eco-system,which is designed with an idea to simplify our lives.With the advancement of technology, everything has become so easily accessible at the same time everything is so difficult to understand and sync in. A small thing such as parking,which was hardly an issue in the old days,now it is such a rare commodity to find.

Tofind a parking spot is such a frustrating and time-consuming experience these days that people often have to leave the primary task and focus their time and effort on this unnecessarily important task.PARKRES is just about to change that.

Improved Parking Solutions

1. PARKRES let customer Find and Reserve parking spot on the click of a button
2. PARKRES will help reduce traffic situations in downtown, hospitals and airports etc.
3. will help reducing fuel consumption and protecting environment.
4. PARKRES system give smart notifications to customers, which provides real time alerts of all available parking spots and location around them.
5. Easy mode of payment via PARKRES tokens and FIAT currency.
6. Discounted parking rates with PARK tokens.
7. Dividend plans for dividend token holders
8. PARKRES let user register their open/free parking spot on PARKRES ecosystem and monetize their free space. Its like parking Airbnb.

CHALLENGES WITH PARKING

A) Non User-Centric Design
Customer have to circle around parking in search of an open space, which results in significant loss of time, and energy in time sensitive situations.

B) Unmanaged and Unmonitored
Inefficient management and monitoring systems leading to waste of valuable time and fuel.

C) Payment takes too long
Long waiting queues for parking payment due to limited and inefficient payment consoles and technical problem.

D) Traffic Problems and Anti-ecological
Traffic issues due to secondary parking traffic in city centres. Unnecessary use of fuel causing environmental problems.

SOLUTION

PARKRES solves all of these problems by state of the art sensory network to track and manage parking spots across the city and different parking locations. It employs IoT (Internet of Things) based sensory network to track and monitor the parking spots across different parking location and suggest you a parking spot closest to your destination in advance

PARKRES also let you find and reserve your parking spot, so you don’t lose it when you reach your destinations.

PARKRES NETWORK COMPONENTS

A) Parking Cluster
It’s a mesh of multiple parking facilities across a city. Each city is divided into a cluster. Similarly there will be multiple clusters for different cities. Each cluster will talk to a dedicated gateway and network server. These parking clusters will be equipped with IoT sensors and transponder network, which communicates parking spot change events to gateway.

B) Parking Console
It’s a electronic device that would read Universal Identification Number from user’s device. UIN will be in the form of a QR code. User’s PARK wallet address will serve as their UIN on Parkres network. Parking Console will scan the UIN and presents a touch screen with available parking spot for selection and reservation. Once User selects a spot, a transaction will be triggered to contract on blockchain.

C) Cloud
Data center will be hosted on cloud. It will store the metadata and transactional data received from different gateway modules and software components. Data is stored and read from cloud via big data, queryplex framework. This will serve as a source for Business Analytics and Telemetry for business development and expansion.

D) Smart Contract
PARK smart contracts, written in solidity, controls the transactions performed during parking reservation. Smart contract will hold the parking charges once the user scans UIN at the parking location or at the start of the reservation slot. When User leaves the parking spot, Sensors activates the network and triggers a confirmation to contract, contract then transfers the amount equivalent to parking time used to PARK wallet and reverses any access amount back to user wallet.

E) IoT / Sensor Gateway
Gateway is a device, which is capable of receiving all the IoT and Sensor communications. Sensor network from parking facility will communicate the event data to gateway. Gateway then feeds this to network servers in batches.

F) Adapter
Adapter is a software component, which provides capability of data transformation, orchestration, data enrichment, data translation, aggregation, routing and data massaging. Different devices on network talking different technologies can communicate through adapter.

G) Devices
Devices can be mobiles devices like iPhone, Samsung etc. or Desktop, Laptop, Tablets, which will allow users to perform parking discovery, reservations and required transactions.

H) Network Servers
Network Servers receives the data and events from different systems in the network and store them over to cloud. They form the backbone of the ecosystem. Every data transaction directly or indirectly goes through Network Servers.

Explanatory video:

To know more about this project;

• visit the website: https://parkres.org/
• join the telegram group: https://t.me/parkres
• whitepaper link: https://parkres.org/Parkreswhitepaper.pdf
• my bitcointalk link: http://bitcointalk.org/index.php?action=profile;u=1070043
• ANN THREAD: https://bitcointalk.org/index.php?topic=4166597.0
• facebook link: https://twitter.com/ParkresICO
• twitter link: https://www.facebook.com/parkresico/

AUTHOR:

BITCOINTALK ID Name: DEWI08

WALLET ADDRESS (ETH): 0x53D1Ea8619E638e286f914987D107d570fDD686B