According to a study conducted by Frost & Sullivan, the parking industry was valued at around $100 billion in 2014. In the coming 3-5 years, it’s expected to attract $200-$250 million in strategic investment. The lion’s share of this capital will be directed toward eliminating many of the inefficiencies that exist in the way vehicles are parked today. Parkgene is an all-new blockchain-driven traffic solution that can also be thought of as ‘the Airbnb of parking’. It employs a mobile app that allows private parking owners to rent their parking spots when they are not using them. All transactions are carried out digitally in anPowered by WPeMatico
