ET-Parking
Tranform your Parking Game
Our Problem
Parking
Payment
Data
Parking
In the current parking system, drivers often have a hard time searching for an available parking spot, especially in busy areas like schools, workplaces, and shopping malls. The quest for an available spot not only results in traffic congestion but also leads to the wastage of fuel and energy, contributing to carbon emissions.
Payment
Our primary payment method revolves around cash transactions. Heavy reliance on cash for parking fees may lead to extended wait times, especially during peak hours and currency changes. Additionally, the search for paper tickets and the scarcity of smaller denominations, due to the growing popularity of digital payments, add complexity to the process. Moreover, the use of paper tickets poses a risk of misplacement and contributes to environmental harm through excessive paper production and disposal.
Data
The lack of data is a concerning problem for property owners since it is challenging to make parking more efficient, and it might mean property owners are missing out on potential earnings.
Our solutions
Automation
ET-parking will provide an automated technology that allows vehicles to enter and exit seamlessly through our facilities without stopping for ticket or payment. Drivers can also find an empty parking spot beforehand via ET-Parking app, saving time and energy.
Payment
We are introducing a transformative change in our payment system by phasing out the use of cash and implementing automatic payments through cutting-edge blockchain technology, specifically utilizing tokens.
Data
The adoption of blockchain technology promises an improvement in the management of parking data, making it more efficient and secure.