Review on Parkgene by Pedro O. Alvino M.
Decentralized Vehicle Parking Ecosystem
Given the automotive industrial development that is originating more than all developed countries, the parking distribution is crowded, in addition to not having sophisticated systems despite having good technological development, therefore with Parkgene through blockchain technology will implement a structure that allowed a fair distribution of parking in a decentralized manner.
Through the P2P network technology, the payment ecosystem and interaction between the parking owner and the driver will be based, where the payment method will connect to the GENE token, which is connected to the Ethereum network, as well as Much of Parkgene's running. The expansion that the project is having globally, above all in European and North American countries, however the current situation makes this process difficult, in addition to the fact that the project is currently stagnant.
Pros
- It is based on Ethereum Blockchain combined with smart contracts
- Provide new parking spots in crowded cities
- First to develop a system that allows drivers and owners of parking spaces to carry out operations without intermediaries.
- Aims to develop a global automotive platform based on blockchain technology.
- Offers a bonus system that drivers and parking lot owners receive to perform certain actions in the system
- Your provided wallet has Multi Sig Wallets to minimize the risk of piracy.
Cons
- It will depend on the technological development of developing countries to lose this system.
- Price of the platform token for the floor, in addition to not presenting a certified volume.
New products
Comments (1)
July 14, 2020
My comment for Pedro: Many projects are listed in the new age of digital industrialization. The fact that a company offers good services for real-life devices boost even more the way we execute our payments. There is more chance to keep going with a good job of trading our cryptos.
I agree with you on the fact that the project will only be efficient if the countries adopt good technology usage.
