Parkcoin will digitalize public parking throughout Europe, by providing a distributed and independent infrastructure to store and access "parking contracts" and associated data.
In provides an infrastructure to offer, optimize and simplify the complete management of public parking for cities, drivers and interested third parties. Not like existing solutions, that mostly focus on the driver payment comfort or isolated domains.

It addresses the TOP 3 reasons why most cities are reluctant or negative about introducing „mobile parking solutions“ to their public parking offering, enabling a faster scale rollout of smart parking solutions for the public.

1.) The risk and consequences of failure of the platform operator - through the distributed and transaction based blockchain architecture, making core components available as open source

2.) Investment costs for introduction are to high - no integration costs for cities as IoT device will display tickets and parking discs in cars, el...
Parkcoin will digitalize public parking throughout Europe, by providing a distributed and independent infrastructure to store and access "parking contracts" and associated data.
In provides an infrastructure to offer, optimize and simplify the complete management of public parking for cities, drivers and interested third parties. Not like existing solutions, that mostly focus on the driver payment comfort or isolated domains.

It addresses the TOP 3 reasons why most cities are reluctant or negative about introducing „mobile parking solutions“ to their public parking offering, enabling a faster scale rollout of smart parking solutions for the public.

1.) The risk and consequences of failure of the platform operator - through the distributed and transaction based blockchain architecture, making core components available as open source

2.) Investment costs for introduction are to high - no integration costs for cities as IoT device will display tickets and parking discs in cars, eliminating the need for new equipment for ticket warden

3.) Risk averse to change - through a step-by-step rollout, even allowing to introduce their own „branded smart parking app“

The Parkcoin platform connects the parking place, the driver and the car, enabling the full control and automation of the parking lifecycle. It makes city authorities and smart parking providers independent form each other, eliminating the need to integrate individual solutions.

In addition, the platform may provide additional services and functionality like predicting free parking, extending payment methods through the Parkcoin currency, notification services, reporting features, map based services and more.

It enables the city authorities to offer additional services to the public (e.g. paying your fine from the city website or directly form the app).

Parkcoin may also transform the way the city authority expand their public parking, optimizing the efficiency of the ticket warden, reducing the maintenance work and cost for the ticket vending machines, the carbon footprint of the city through less paper and ink usage, flexible fees and reporting possibilities.
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Recommendations

Ulrich Ross

Great opportunity to evaluate and use this new technology.

Jean-Luc Meyer Business Analyst contractor at Groupe BPCE

A new eye on a revolutionnary technology, A website to be remembered

Meyer Henriette

A very interesting and useful idéal. Must be recommended by all means.