Especially big city cities, the problem of illegal parking is a problem that we often encounter in various cities in Indonesia.
Problems arise because there are no clear and firm rules, and no proper parking management system exists.
So anyone can become a parking attendant without any security guarantees accompanied by a fairly expensive tariff.
What if the parking problem is set with a sophisticated technology system, BLOCKCHAIN
Imagine with this technology you can easily and safely to find a parking space, only with your smartphone
even the payment is very clear and transparent, and more cool again the means of payment do not use paper money anymore
but using digital money or more often called crypto currency.
That is the solution offered by the PARKGENE project
Want to know more about PARKGENE?
Okay go ahead
What is PARKGENE?
According to the explanation in their whitepaper, parkgene is P2P of Parking Ordering Provider
Simply put, PARKGENE is similar to "Airbnb for parking". Which will
connect the person who owns the parking lot with the driver who wants to park, provide
additional parking spaces to the market, and lower parking fees, while providing a source of income to all rented parking lot owners
driveways and their garage.
PARKGENE This will be the first system that allows drivers and owners of parking lots to transact with each other directly.
The goal is to create a more transparent way to park.
PARKGENE in terms of short-term and long-term parking rental markets by lowering costs,
use decentralized conflict resolution and make this market really P2P,
eliminating various illegal parking attendants and ensuring that reviews and lists
honestly, because they are stored in blockchain that can not be changed.
This is an Automotive Service Ecosystem
But PARKGENE is more than just a P2P app for parking. It is an ecosystem and
an internal payment system that aims to connect, the entire automotive industry.
PARKGENE aims to develop a global automotive platform based on blockchain technology.
PARKGENE will provide all the tools necessary for existing market services, enabling them to connect, transact and build a growing global community
which corresponds to the demand and supply of local parking places using GENE.
Initially, establishing GENE Tokens (GENE) as a means of payment for industrial parking has the potential to attract many other related industries (car insurance, tolls, automotive services, etc.)
who could use the parkgene technology distributed ledger and start receiving GENE as payment for the service.
How does PARKGENE work?
Motorists looking for a parking lot converge virtually with the parking owner via the PARKGENE application.
The following diagram shows the different stages of the completed parking session on the PARKGENE platform and above Blockchain Ethereum with smart contracts.
As soon as the driver booked the parking lot, the reservation triggered the intelligent contract PARKGENE in the Public Blockchain Etereum.
The PARKGENE application transfers the full amount of parking fees in GENE from the driver's wallet, to the storage (temporary wallet).
If there is not enough GENE balance in the driver's wallet, the driver may use his or her credit card or other payment methods such as bitcoin or ethereum
to buy GENE in real-time and pay for its transactions.
Reservation and payment successfully provide additional App driver functionality and parking owners
required for the completion of an actual parking session
For example, the driver will have the ability to open the garage
door from his mobile phone, while the owner of the parking is notified and monitored -
in live video - vehicle entrance and exit.
This functionality is optional although very helpful and is achieved through the integration of the PARKGENE platform with existing remote access tools available on the market,
or the specific device PARKGENE will offer to the owner of the Parking Lot at a very low cost.
At the conclusion of a successful transaction, the parties terminate the smart contract
Ethereum, with admission and confirmation in blockchain.
Owners of the parking lot receive, from storage to their wallets, 70-80%
from the smart contract at GENE tokens, when the driver checks out of the parking lot.
The remaining:
• 5% of the total amount is paid to the owner of the parking lot and the owner of the parking lot
they do some actions that improve ecosystems such as ratings and reviews
• 10-20% of the total amount paid to PARKGENE to cover operations,
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 cryptocurrencies (BTC, ETH, etc.) by
using some cryptocurrency exchange service that can swap GENE tokens.
How is the development of the PARKGENE project?
The development of the parkgene system is strongly influenced by PARKGURU.
The PARKGENE founding team already owns and operates successful parking applications.
This product is operated under the brand PARKGURU (https://parkguru.com/).
PARKGURU works closely with parking and municipal workshop companies to provide on-street and off-street parking solutions.
From the beginning, PARKGURU was built with the aim of simplifying its course
parking driver access, by building a core infrastructure that facilitates street parking and off-street parking.
The natural extension of PARKGURU is to utilize the existing technology to build PARKGENE, into a decentralized parking solution for the blockchain era.
The introduction of PARKGENE will create an operational fork.
PARKGURU will remain focused on providing on-street and off-street parking, made by municipal governments and professional parking operators (garages),
while PARKGENE will be a new product focusing on efficient, decentralized peer-to-peer parking.
The success of PARKGURU has provided proof of concept for PARKGENE.
What has been developed will be the minimum product of PARKGENE that is eligible to begin operations.
PARKGURU's contribution to PARKGENE is not only in IT and infrastructure, but also the introduction of PARKGENE services to over 50,000 existing PARKGURU clients and a share of PARKGURU's.
You can try MGP parkgene at the following link and get free 50 GENE:
IOS: App Store
Android: Google Play Store
Who is the team behind the PARKGENE project?
Token Details
Name: GENE Token
Symbol: GENE
Token Type: ERC20
Smart Contract: Etherscan Check
Number of tokens issued: 1.000.000.000 GENE
Tokens for ICO: 350 million GENE (35%)
ICO Date Expires: January 15, 2018 - March 19, 2018
Token Price: 0.1 USD
Bonus: 50%
Contribution Method: BTC, ETH, BCH, LTC, DASH and USD
Hard cap: 350 million GENE tokens sold
Conclusion
Parkgene vision is great and this is the solution we need right now
Investing in this project is great for the long term, because of the vast target market target of the automotive world.
Coupled with teams and products that clearly make this project will have a very bright future.
For more information about ICO, please visit the following link:
Website
Whitepaper
Github
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