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CAR Token
Proof-of-Payment Protocol
CAR token is a Smart-City platform of an automatic decentralized payments the driver could make behind the wheel.
Automatic payments from the on-board vehicles system: On/off-street parking, malls, airports, fast food drive-thru chains, tolls etc.
Company is supported by the USA Ford Motor Company advisors. Company aim to connect top 100 cities in USA to provide frictionless payment service for drivers.
• Based on GPS, RPM, electricity platform automatically detects if driver has really parked and if a parking zone has to be paid, then we notify the driver on the phone and on the dashboard.
• When driving away, the parking session automatically stops. Drivers only pay for the exact time they used.
• Parking session starts and stops automatically with ticketless smart entry and exit at the barrier via Licence Plate Recognition (LPR) for OFF-street areas like airports, malls, garages.
Existing product and platform, integrated with cars on-board system, on-street and commercial parking infrastructure.
Automatic IoT Platform for all the payments that driver makes behind the wheel.
Payments to be made automatically from the vehicles’ on-board:
On-street municipal space using a blockchain to protect drivers from unfair citation due to loss of payments records.
Off-street commercial space (malls, garages, airports) .
Drive-thru fast food chains (automatic hands free payments for the food order).
Tolls, tunnels, paid bridges.
Blockchain ecosystem for automotive world to grant drivers with token for safe driving manner.
Actively engaged perspective partners:
SAP,connecting with 2.5M USA parking spaces (top 100 cities);
Ford Motor Company, onboard connection, auto-payments;
McDonalds, Starbucks, other drive-thru chains;
Cities and garages, on/off-street parking space;
ABM and NY NJ Port Authority;
Airports (Moscow, New York, Newark etc.);
Leading parking vendors to integrate with (HUB, S&B, Skidata, Tiba, Designa.
CAR token proof-of-Payment protocol (PoP) is a standard that enables new generation of payments the driver could make, being the wheel. We are building Internet of Things (IoT) on the principles of Payment-as- a-Service (PaaS), powered by Internet of Things (IoT) and Artificial Intelligence (AI) technologies and existing IoT protocols like MQTT and protocol buffers.
Ratings
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
ICO Consultant | Influencer | Strategy and Vision Execution | Public Relations | Crypto-funds | Blockchain Development Lead Rated on Sep 29, 2018
3
4
1
21%
Team is small and domain expertise clearly missing!
I liked the idea of car token but to implement this; team needs to have some real time product and huge funding and partnership with car companies etc.
Their MVP is already existing product which has nothing to do with the car token as of now. i would expect MVP more inline with what they promising here!
Blockchain Security Engineer Rated on Jun 19, 2018
3
3
3
8%
Concept is good to implement using crypto-payment. KYC is not completed on this platform. Team experience in blockchain is less. Would be good to add blockchain experience people.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Summer-Sept. 2018
Private sale, fundraising, Open sale preparation
2
MVP
Nov. – Jan. 2018
Development of CAR token platform MVP to distribute token to token holders.
3
Expansion
Summer 2018
Parallel technical and business development in U.S.
Contracting with SAP U.S., to connect over 2.5 million parking spaces in U.S. top 100 cities.
4
Parallel dev
Defining further development of blockchain ecosystem with Ford Motor Company U.S. Payments identification and processing:
- Invoicing, shipment tracking and control.
- Car sharing, autonomous cars.
- Safety, notifications and warnings.
- Scoring system to grant drivers with CAR token for a safe driving manner.
5
Beta
Fall 2018 - Summer 2019
Beta launch of an on-board auto-payments for on-street city parking platform.
Development of an internal in-app CAR token wallet and eco-system
Development and testing of an Proof-of-Payment protocol
Development and beta launch of an on-board auto-payments for off-street commercial parking, drive-thru fast food orders.
Launching the public test of the automatic parking payment platform for municipalities
6
CAR ecosystem
Summer 2019 - Fall 2019
Development and Beta launch of peer-to-peer services using CAR token
Development and Beta launch of automatic payments using CAR token as service commission
Testing and production public launch of the platform
7
City infrastructure
Winter 2019 - Spring 2020
Defining further development roadmap with Port Authority of New York & New Jersey
Integration of an on-board auto-payments with airports, tunnels, tolls and bridges in NY, NJ states.
Integration with city infrastructure to connect drivers and pedestrians in one ecosystem
