If you are looking for parking data, there could be many obstacles in the way. ParkByte has been created with the aim of offering decentralization of parking information. While the strength of the blockchain keeps the data secure, decentralization makes the data easier and cheaper to access. Data from different sources can be put on the registry and be accessed with a single action. The data can be used for tracking, auditing and so on.
ParkByte stores information about parking, such as ticket prices and availability. Usually, updating information such as ticket price can be costly process. However, with the ParkByte registry, it is easy to make changes whenever needed. The platform will benefit those who operate parking facilities, as well as service providers. The information on offer will also allow individuals to look for the cheapest parking in their area. For car parking, the registry offers information such as parking authorization, location, duration, and so on.
The ParkByte tokens are available on Bittrex and Yobit. The PKB tokens are generally aimed at businesses in sectors such parking. The currency is available for use on the ParkByte platform, for purchasing parking information. The token is still undergoing development, and the ICO is expected soon. Token holders are expected to benefit from mining of blocks.
There are plenty of parking spaces in the country, offered as part of public utilities, or in privately owned properties. Even small areas such as yards and gardens sometimes operate as parking spaces. Since there is no central registry of these spaces, it can make commuting difficult. Thanks to the ParkByte registry, these difficulties may be eliminated. There will be information available on the type of parking available, location, ticket cost and so on. The ParkByte system is primarily aimed at organizations looking for parking information, such as price and availability, that can be passed on to others. A decentralized registry also helps in easier access to information, for purposes such as tracking, auditing, and so on. The ease of updating information ensures that costs for using the parking registry remain manageable. Businesses can use ParkByte tokens to locate information or carry out updates. Businesses that want to access or update information in the real time, at minimal cost, will also find the ParkByte registry to be useful. These are just some of the reasons ParkByte is expected to grow bigger in the coming months.
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