CAR token ICO
IoT automatic payments platform
Proof-of-Payment protocol to process on-board payments behind the wheel
CAR TOKEN (ParkApp Pay Iot platform)
Existing product and platform, integrated with cars on-board system,
on-street and commercial parking infrastructure.
Automatic IoT Platform for all the payments that driver makes behind the wheel.
Payments to be made automatically from the vehicles’ on-board:
- On-street municipal space using a blockchain to protect drivers from unfair citation due to loss of payments records.
- Off-street commercial space (malls, garages, airports).
- Drive-thru fast food chains (automatic hands free payments for the food order).
- Tolls, tunnels, paid bridges.
- Blockchain ecosystem for automotive world to grant drivers with token for safe driving manner.
Actively engaged perspective partners:
- SAP, connecting with 2.5M USA parking spaces (top 100 cities);
- Ford Motor Company, onboard connection, auto-payments;
- McDonalds, Starbucks, other drive-thru chains;
- Cities and garages, on/off-street parking space;
- ABM and NY NJ Port Authority;
- Airports (Moscow, New York, Newark etc.);
- Leading parking vendors to integrate with (HUB, S&B, Skidata, Tiba, Designa.
CAR token proof-of-Payment protocol (PoP) is a standard that enables new generation of payments the driver could make, being the wheel. We are building Internet of Things (IoT) on the principles of Payment-as- a-Service (PaaS), powered by Internet of Things (IoT) and Artificial Intelligence (AI) technologies and existing IoT protocols like MQTT and protocol buffers.
•Based on GPS, RPM, electricity ParkApp automatically detects if driver has really parked and if a parking zone has to be paid, then we notify the driver on the phone and on the dashboard.
• When driving away, the parking session automatically stops. Drivers only pay for the exact time they used.
• Parking session starts and stops automatically with ticketless smart entry and exit at the barrier via Licence Plate Recognition (LPR) for OFF-street areas like airports, malls, garages
ParkApp Pay has no bounties.
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