[ANN][ParkByte][PKB][Electrum] Pure POS

[notsofast]

Looks like an interesting project! There is also another crypto project named Parkcoin, based in Berlin. I have talked to their founders and mentioned Parkbyte. They might be interested in collaborating.

Link please? Google isn't turning up anything for Parkcoin.

edit: wait, nevermind https://www.f6s.com/parkcoin

[ParkByte]

There isn't really any update to progress at the moment, I would say this project has moved into a detailed analysis of the market phase, proof of concept has basically been completed I have been able to demonstrate the basic concept to some people within this industry and they loved the idea. I now need to demonstrate with real facts why and how this could be a huge financial benefit to the industry.

I am still number crunching and awaiting more replies from many UK councils but it does seem like the average fees paid to use mobile parking solutions with a credit card are around 8-10% of total revenue as previously thought.

It is a real challenge to figure this data out as each reply seems to have a different costs setup.

So far I have received around 35 responses out of 120 to Freedom of Information Requests, This data is for the period between April 2015-April 2016

1) Total Revenue: £23.6 million
2) Total Number of Transactions: 9.5million
3) Cost to Car Park Operator (Card Processing and Service fees paid to mobile solution provider and/or directly to card processor by the car park operator): £2.2 million
4) Cost to Car Park User (Estimated Additional fees paid by car park users for using a mobile parking solution): £1.9 million

Note for Number 3: This should be "Cost of operating a mobile parking solution", regardless of whether the user or operator paid for it. I expect this to increase by around 50%, the fees paid in number 4 are either paid to the car park operator or the mobile parking solution provider depending on their specific costs setup, I still need to go over this data again to ascertain who gets this.

Based on the information collated so far I believe PKB could reduce this cost by around 70-80%

Looks like an interesting project! There is also another crypto project named Parkcoin, based in Berlin. I have talked to their founders and mentioned Parkbyte. They might be interested in collaborating.

Link please? Google isn't turning up anything for Parkcoin.

edit: wait, nevermind https://www.f6s.com/parkcoin

Interesting, I wouldn't mind discussing with them about how they aim to achieve their concept. From the information on that link I can see there being issues with adoption due to the ticketing data possibly being on a public blockchain, this data can be very controversial to the public and is in most parts commercially sensitive information.

It is however a good idea to have a decentralized backend and database, I have considered doing this with PKB in the future.

[notsofast]

I see detailed market analysis as progress. It takes time though, especially waiting for FOIA requests to come through.

The salesperson in me is screaming "you have enough financial info to put together a sales package! get out there!"

But I recognize that there's so much fragmentation of process in the industry due to back-scratching deals made decades ago and no real modernized procedure. There's been no incentive. As long as everyone's making their money, and keeping their geographical monopoly, maybe taking the City of London parking code overseer out to nice lunches every so often, there's very little to shake things up.

If my assessment is close to right (Allen's the final word on that), then a no-brainer analysis of PKB system saving every single one of these arrangements 70-80% on fees, no matter the uniqueness or complexity of the arrangement, will create a domino effect across all of these agreements as soon as one signs on.

[miner0007]

Very excited about this project, but very hard to get a position in PKB. I wish I knew about it when it went ICO 
Any more news?  Are the developers still developing?  Is the CEO still hard at it making deals?  How many main people in this project (including developers and sales guys)?

[miner0007]

No reply? is this a dead project? Seems like it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[ParkByte]

Very excited about this project, but very hard to get a position in PKB. I wish I knew about it when it went ICO 
Any more news?  Are the developers still developing?  Is the CEO still hard at it making deals?  How many main people in this project (including developers and sales guys)?

Good to see we are still getting new people interested in PKB, watching the volume on Bittrex it looks hard to get a decent position without just buying into the sell wall and even then it's rather scarce.

There was no ICO on PKB only a rather short mining phase.

There isn't really much to report at the moment, a lot of work is going into the finer details of our services and approaching current operators of smart phone parking tickets.

There is only one person officially working on the project, myself, development is progressing but the current aim is to make it easily adoptable by getting partnerships using the proof of concept that is complete (It does look like any partnerships will be under a NDA until the partner is ready to launch/announce).

No reply? is this a dead project? Seems like it!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

The project is far from dead, I do feel that project updates on this forum are going to be less frequent as I am now steering more towards the commercial part of the project which is not something I feel should/can be published on bitcointalk.

[miner0007]

GREAT!!!!!!!!!!!
Good to hear it's not dead and still looking very promising.
I guess it's just a waiting game until one of those partnerships happens and then it will explode.
In meantime I will continue to collect more and more PKB everyday
Best of Luck!!!

[coinprince]

Any updates

[ParkByte]

Any updates

Sorry I am unable to provide public updates at this time about what is happening with ParkByte, As far as I am concerned it's still progressing very well but as mentioned in my previous post this project has now moved to a more commercial/adoption stage, where updates cannot be forthcoming.

[bobcaticus]

Any updates

Sorry I am unable to provide public updates at this time about what is happening with ParkByte, As far as I am concerned it's still progressing very well but as mentioned in my previous post this project has now moved to a more commercial/adoption stage, where updates cannot be forthcoming.

your coin is in danger of delisting on Trex, so anything would be helpful in the next week.

[sussex]

If you would like to keep the market listed, please encourage the development team to contact us at support@bittrex.com.

23rd of September is the date of execution.

I'm encouraging you, dev.  

Edit:

Actually, hasn't the threat passed? The 2.2BTC volume today takes us over the 0.2BTC daily volume (averaged over seven days) required.

Am I right?

[crypto-trade.net]

We added your cryptocurrency.
With respect, the development team of Crypto-trade.
Crypto-Trade – Official Announcement https://bitcointalk.org/index.php?topic=1604225.0

[ParkByte]

Any updates

Sorry I am unable to provide public updates at this time about what is happening with ParkByte, As far as I am concerned it's still progressing very well but as mentioned in my previous post this project has now moved to a more commercial/adoption stage, where updates cannot be forthcoming.

your coin is in danger of delisting on Trex, so anything would be helpful in the next week.

There isn't anything I can update you on, I'm restricted on what I can say because of Non-Disclosure Agreements.

If you would like to keep the market listed, please encourage the development team to contact us at support@bittrex.com.

23rd of September is the date of execution.

I'm encouraging you, dev. 

Edit:

Actually, hasn't the threat passed? The 2.2BTC volume today takes us over the 0.2BTC daily volume (averaged over seven days) required.

Am I right?

I emailed Bittrex yesterday so hopefully it won't be delisted.

[soulgate]

Any news from Bittrex?

[K0b1]

Sure this coin need to survive, And it will !!!
Dev make it happen   

[soulgate]

I bought some more 

[donarito]

So, what's up with Trex? do we stay there?

[ParkByte]

I haven't been made aware yet.

I think we just have to wait and see over the next 24hours.

[donarito]

I haven't been made aware yet.

I think we just have to wait and see over the next 24hours.

So as I see, we are still in Bittrex

[Wosterlee]

So far I have received around 35 responses out of 120 to Freedom of Information Requests, This data is for the period between April 2015-April 2016

1) Total Revenue: £23.6 million
2) Total Number of Transactions: 9.5million
3) Cost to Car Park Operator (Card Processing and Service fees paid to mobile solution provider and/or directly to card processor by the car park operator): £2.2 million
4) Cost to Car Park User (Estimated Additional fees paid by car park users for using a mobile parking solution): £1.9 million

There isn't anything I can update you on, I'm restricted on what I can say because of Non-Disclosure Agreements.

A non-disclosure agreement (NDA), also known as a confidentiality agreement (CA), confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement (SA), is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties. It is a contract through which the parties agree not to disclose information covered by the agreement. An NDA creates a confidential relationship between the parties to protect any type of confidential and proprietary information or trade secrets. As such, an NDA protects non-public business information.

Read between the lines people!

Best case scenario: pegging to the pound sterling (x1000 increase in price!)

Worst case scenario: go bust

Good luck ParkByte!