Smart Parking Solution for Enterprise on Ethereum

Abstract

This research proposes a smart parking system that is geared towards business entities. The system focuses on privacy, scalability, and performance for an enterprise system on a decentralized network(Blockchain). In a business setup, performance, scalability, and privacy should be at the centre stage. This research aims to improve on already existing work on smart parking using blockchain. Most of the research done focuses on single entity privacy, single point of failure for systems deployed on cloud databases, and geographical censorship. This research proposes a smart parking system with a decentralized network where six entities will interact and trade value with ease. The research focuses on privacy, performance, scalability, and multiple entity interaction in the system in a decentralized network.