PARQ (PARQ) ICO review
Parksen combats worldwide traffic congestion and pollution through a Green, Smart and Connected City Platform, which utilizes the IOTA and Ethereum blockchain, smart contracts, IoT devices, artificial intelligence and a real-time parking app. The Parksen parking app, running in over 100 Dutch municipalities, allows drivers all around the globe to find and pay for their parking spaces in advanced, showing them the closest one to their destination, saving them money, time and frustration, as well as helping to reduce CO2 emissions. We receive a 5% kickback fee on all parking transactions that were activated by our cloud based SAAS solution, and by distributing smart, low priced IoT devices and a free-to-use platform to commercial parking providers and local, regional and national governments, we aim to disrupt a 100 billion dollar industry.
Parksen is an easily adoptable Green, Smart and Connected City Platform that is accessible through a public API and runs entirely on the existing Parksen Parking Cloud. By utilizing the Ethereum Blockchain and our own PARQ Utility Tokens, we will offer a variety of solutions and smart contracts that will directly benefit a wide spectrum of stakeholders within urban metropolises and smaller cities.
We aim to use an open and universal ledger to record and map data that will give us a picture of major chokepoints in urban areas. With that information we can continuously improve the flow of traffic and decrease carbon monoxide emissions and congestion, while replacing and renewing outdated technology and investing in smart parking solutions through IoT (Internet of Things) devices, green field appliances, a real-time parking app and universal dashboards.