Post
Topic
Board Project Development
Re: check out my project - feedback/interest is much appreciated
by
rrp38
on 18/05/2021, 16:09:28 UTC
The benefits of ParkCryption are:

Free to Use
ParkCryption is free to use and payment transaction fees are almost zero for parking anywhere in the world unlike the competition who are associated with multiple fees: for using their parking software, fiat card transaction fees and cross-border fiat currency conversion fees when parking in a country where you do not have a credit or debit card.

Security and Privacy
ParkCryption uses Two Factor Authentication (2FA) to provide an extra layer of security beyond passwords and usernames.

Global Currency
The ParkCryption PARK token is based on cryptocurrency/blockchain technology, allowing users to provide and use parking services without the restrictions of cross-border bank fees and fiat currencies.

Smart Contracts
PARK tokens use Blockchain Smart Contracts to make payment only when the customer's vehicle has been recorded through GPS as having been parked at a designated parking spot for the reserved amount of time, which protects parking space users and parking space providers from fraud.

Automated Payments
No unjust credit card or PayPal chargebacks. The detection of the vehicle allows the Smart Contract to automatically transfer PARK tokens to the parking space provider once the parking space has been released.

Data Science Enhanced Functionality
With enough data crunching, features such as "AutoPark" will be possible - the ParkCryption system will recommend suitable parking places to customers as they drive into a town or city based on customer preferences, previous parking choices, real time updates about parking availability, and even their current destination.