Tuyanto: PARKRES - Decentralized Parking Reservation Platform.

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WHAT IS PARKRES?

Parkres is a Blockchain-based platform that allows its consumers to find and reserve their parking space anywhere, anytime at their own convenience. It aims to bridge the gap between cryptocurrency and the parking system. This is an all-in-one parking solution for the parkers where the consumers can find and reserve a parking spot anywhere they want.

How does it work?

The app uses a “state of the art network,” which is used to track all the parking spots available throughout the city in different locations. An IoT or “Internet of Things” based sensory network is used to track and monitor the different parking locations which is closest to the required destination. The app is completely free to download over IOS or Android. A web surface is also available for users for quick browsing. It takes just a few minutes to reserve any parking space anytime, anyplace, and in any country using cryptocurrency or fiat money.

The Problem:

Parking used to be a frustrating process where the customers have to spend a considerable amount of time just to find the right available parking space for their vehicle. Often, the customers had to drive an extra kilometre just to find an available parking space for their vehicles, which could be far off from their workplace. The traditional parking Kiosks were unable to cater to the needs of the huge parking traffic only adding up to the problem. There was lack of proper management of the parking facilities and they were mostly unmanaged and uncontrolled resulting in loss of money, fuel, and energy of the customers.

The Parkres Solution:

Parkres is a one-time solution for all the parking problems due to increasing in demand of parking facilities over the years. Using Parkres a customer can now reserve a parking spot just by paying through his mobile wallet using fiat or cryptocurrency. This is a cost-friendly system where the customer can even use Parkres tokens (PRS) at discounted rates. The consumers can download it free into their Android or iPhones. Parkres has also opened a huge market for potential parking service providers where they can connect to a huge consumer market through a free online booking system.

Distribution of tokens and allocation of funds:

Advantages of the Parkres System:

Users can now manage and book their parking space at discounted rates in the Parking ecosystem.
They can also get up-to-date updates on the parking traffic to manage their parking space.
The app has a user-friendly design and has easy payment function mode with just a click of the finger.

A worldwide single currency system for all users.

Users have direct access to the system where they can choose and manage their parking space according to their convenience and location.
The Parkres System also allows the providers to register and rent out his own free parking space and make money out of it.
Parkres saves time, fuel, energy, traffic congestion, money and provides a unique and easy solution to park your cars and vehicles.
The system has provided a huge market for hundreds of providers who can rent their parking space to potential buyers.
No intervention of the third party thus increases in revenue for the providers.

An efficient and hassle-free booking system.

In the present economy, the Parkres System aims to revolutionize the parking industry and solve some major drawbacks that it faces in the urban cities.

Benefits of Parkres

Save time: it only takes a few seconds to make a reservation and users do not need to circle the blocks to find available parking spots. While the payment can be made in the mobile application, instead of queuing at the kiosk.

Go green! - Less gas is burned and paper is not wasted in parking tickets and receipts.
No hidden charges: everything is transparent in the chain of blocks.

No currency problems: the cryptocurrency can be used globally without any conversion rate.
Earn additional income: owners of individual parking spaces can list their spaces in the application.

Now that we have a solution to the problem, we know that we can have more quality time to spend with our family and friends. 15 minutes wasted every day is 3.8 days a year. I'd rather be drinking beer for 3 days on the beach than find parking places.

Project roadmap: