Hello friend, This time I will review a project that developed a platform that allows users to quickly get a decent parking space for their vehicles, this platform is uniquely supported by Blockchain technology. Wondering what is Parkgene? Read on my explanation of the following parkgene.
WHAT IS PARKGENE?
Parkgene is an easy and safe way to find parking lots, connect drivers, individuals and businesses. Every driver knows how difficult it is to find a decent parking space in a crowded city. Either it’s too expensive or crowded so you can not find a place. It is very frustrating to find and even if by chance we find something, most likely it is in the corner of a shady and expensive parking lot without any protection or supervision so we are finally afraid that we will come back and find the car without the Wheels will just disappear . Even if we find a place that is not a shady parking lot, it will most likely be on a busy street away from where we want to go and it’s still not ideal because who knows if someone will not scratch it. or worse than that. To be honest I do not like good options so ideas like PARKGENE are perfect for me.
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Our vision is to disrupt traditional industries – especially offline – Parking, $ 100 Billion per year, and to provide a better driver driving experience, while helping the city become more intelligent and environmentally friendly. We will establish GENE tokens as currency for industry automotive, which allows drivers to pay for parking and integrate it with mobility services, vehicles, and automotive infrastructure.
WHAT A PARKGENE DOES … ???
That is the easiest question to answer honestly. PARKGENE eliminates the need to locate physically, deal with shady parking issues and let you stay calm because your car is in a safe place. With an app that has a beta version coming out in February 2018, people can find a safe parking spot easily and we’ll pay less for it. This app uses peer-to-peer technology to connect drivers with parking owners directly. After reservation the app will transfer the required amount from the driver’s wallet to the park’s owner. Let me tell you something you might have guessed: it will not transfer dollars or euros. PARKGENE sets GENE tokens as the primary currency to use in apps.
HOW TO WORK PARGENE … ???
Drivers look for parking spaces connected with parking owners via PARKGENE application. As soon as the driver reserves a parking space, the reservation triggers the intelligent PARKGENE contract on the Etereum Public Blockchain. The PARKGENE application transfers the full amount of parking fees, in GENES, from the driver’s wallet to the storage ). If the driver does not have enough GENE, he can use his credit card or other payment tool (bitcoins, ether) to buy GENE in real-time and pay for transactions.
Successful bookings and payments offer drivers and parking owners additional features needed to complete the parking session: For example, the driver will have the ability to open the garage door using his cell phone while the parking owner is notified and can monitor incoming vehicles and departures. This optional function is possible by using a remote access tool, currently available on the market, integrated on the PARKGENE platform, or via a low-cost PARKGENE device. At the end of a successful transaction, the parties conclude a smart contract on Ethereum, with admission and confirmation about the blockchain. The parking lot owners receive 75% of smart contracts at the GENE tokens, from storage to their wallets, when drivers check out from the parking lot.
The remaining 25% is distributed as follows:
– 5% of the total amount is paid to the owners of parking lots and parking lots as they take some actions that increase the ecosystem (eg Rating, reviews).
– 20% of the total amount paid to PARKGENE to cover operational, development, cloud services and advertising costs.
At any time, platform users can buy or sell GENE tokens for FIAT currency (USD, EUR, JPY, CNY, etc.) or other power crypts (BTC, ETH, etc.) Using multiple exchange cryptocurrency services that trade GENE tokens. GENE is available in a limited edition of 1,000,000,000 GENE Tokens. We expect that the increase in users and the number of smart contracts will increase GENE demand among drivers, resulting in tokens that other service providers (ie Tolls, Car Wash, Car Insurance, Tow service providers etc.) will receive payment for their services.
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