Opportunity
Solution
Business value
SHARED PARKING ECONOMY POWERED BY
LORAWAN® CONNECTIVITY
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Nesten Brings Smart Parking with Transparent, Trusted Sharing
Economy.
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The system helps parking managers can realize higher ROIs while
maximizing availability for users.
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The low-power, long-life sensors and Nesten's unique turnkey network approach gives real-time notification
of available parking spots, and turn-by-turn navigation get drivers where they need to be faster.
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Transmitting data directly from space users to space owners via the blockchain, facilitates a streamlined
hybrid payment system for secure and transparent peer-to-peer payment options.
•
This, in turn, optimizes existing infrastructure and technology, such as parking meters, to improve traffic
flow and enable city planners to track and analyze electric vehicle (EV) charging station usage for future
planning.
•
The system helps parking managers can realize higher ROIs while maximizing availability for users.
•
Nesten, a leading IoT communications has created a blockchain-based ecosystem for shared parking
offering a creative turnkey approach for improving efficiency and accessibility of businesses.
•
Nesten's complete end-to-end smart parking platform consists of:
o
LoRaWAN® enabled parking sensors
o
Nesten's intelligent multi-protocol wireless node
o
a user-friendly customizable app
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all fully integrated with a cloud network and blockchain processing.
