An automatic parking and payment system based on blockchain technology

This is an automatic parking and payment system based on blockchain, the Internet of Things, and other technologies. It automatically completes the process of vehicle identification and payment by the communication between the vehicle (vehicle equipment) and the parking space (intelligently locked), and the whole process is insensitive to the user. Vehicles and parking spaces have built-in unique IDs, which correspond to blockchain accounts and support digital currency payment methods.

The system realizes direct communication and payment between parking spaces and cars by setting up intelligent locks (with network communication capabilities) and sensors in the parking spaces, combined with blockchain technology, and specific parking and payment management to each parking space. All identification and the payment process are done automatically in the background.

The system can solve the current parking problems that require manned and manual control of the parking rod, the driver’s inconvenience in scanning the code, the underground garage network signal cannot be connected, the server delay, and other reasons causing the settlement time to be too long, especially in the parking lot with heavy traffic，which will cause congestion, and inconvenience in setting up unified entrance and exit planning in open spaces, which needs manual charges.

Advantages of this program:

1. Intelligently lock and control the parking space, even in an open space, it will not be occupied by irrelevant vehicles and does not need to be on duty;
2. The identification and payment of the vehicle are automatically completed in the background, and the control of the ground lock is also automatic, without the intervention of the vehicle owner;
3. There is no need to set up a unified entrance and exit, which is applicable to both closed parking lots and open space parking lots.

The whole system consists of five parts: vehicle-mounted terminal, mobile terminal, parking subsystem, payment server, and blockchain system. The configuration process consists of two parts: the configuration of the vehicle-mounted device, and the configuration of the smart lock.

Highlights of this program:

1. The biggest highlight of this technical program is the combination of the Internet of Things technology to achieve complete insensitivity to users when parking;
2. One-time configuration, automatic execution, the user only needs to configure it once through the mobile phone application at first, and there is no need for any operation to pay for parking afterward;
3. The intelligent lock realizes the control of a single parking space, which simplifies the difficulty of parking lot planning;
4. Settlement and payment based on blockchain, all historical data can be verified;
5. Billing and settlement based on smart contracts ensure open and transparent charging and billing.