Drivers looking for a parking spot connect with parking owners through the PARKGENE app.
Once a driver reserves a parking spot, the reservation triggers the PARKGENE smart contract on the Ethereum Public Blockchain.
The PARKGENE App transfers the full parking fee amount, in GENEs, from the driver’s wallet, to a depository (a temporary wallet). In the event that the driver doesn’t have enough GENEs, he can use his credit card or other means of payment (bitcoins, ethers) to buy GENEs in real-time and pay for the transaction.
PARKGENE is a convenient and secure way to find parking, connect drivers, individuals and businesses.
Our Vision is to disrupt the traditional – mainly offline – Parking industry, sized at $100 Billion annually, and to provide drivers with a better parking experience, while helping cities become smarter and environmentally friendly.
We will establish the GENE token as the currency for the automotive industry, allowing drivers to pay for parking and integrating it with mobility services, vehicles, and automotive infrastructure.
https://parkgene.io/
