Crypto Parking
Idea: CryptoParking
This idea aims to solve the challenge of finding a parking spot for your car, increases the efficiency of the current cloud-based parking system and develops a network architecture based on the Internet-of-Things technology. It utilizes Computer Vision, IoT and next generation Blockchain – Tangle to help users automatically find a parking space at the least cost based on location and availability metrics. It calculates the user parking cost by considering the distance and the total number of free places in each car park. This also includes the option to the garage owners to rent out their garage to the vehicle owners on weekly/monthly basis.