THE BEST INVESTMENT ON SMART CONTRACT TECHNOLOGY
New Technologies Impact
Enhancing commuting' experience is at the center of PASSAPP's strategic objectives, embracing new technologies, and incorporating innovative approaches can provide unmatched commuting experience. Realtime discovery of parking available within proximity with seamless accessibility and payment can be a real game-changer, this becomes more evident in heavily populated settlements and communities.
Average No. of Parking Facilities
Average number of Operating Days per Annum
Parking Utilization Rate
PassX's Annual Estimated Revenues
Blockchain is Key
PassX is a blockchain-based mobile solution that can seamlessly enable commuters to discover parking availability along their travel trajectory, providing seamless access to parking facilities and instant payment through its fully integrated payment wallet.
IoT Parking Infrastructure
PassX envisions massive parking reader network infrastructure deployment (i.e., IOT) that equally covers public and private parking facilities around heavily populated settlements and communities. The parking reader network infrastructure is believed to be based on a micro–partnership model, wherein selected participants are invited to own and share the reward of the transactions generated on readers in the deployed network infrastructure.
In the PassX world, reader network infrastructure owners, active blockchain nodes, the PassX service management team, PASSAPP technology providers are the main members. PassX is based on a shared reward model whereby transaction fees are split amongst the members. PassX is determined to expand its services in the global markets through technology integration with certain global vendor partners and local partnerships for representation and service fulfillment.