An advanced approach for Smart Parking Solution Based on Ethereum Block chain System

In the past few years, the use of the internet and mobile applications has rapidly increased. People use them for all of their needs, from online shopping to online bank transactions. With such enormous use, there comes a high risk of this data getting hacked and/or misused. Such attacks are quite common with applications that use a centralized server. Such shortcomings of centralized servers can be overcome by using decentralized networks like the block chain. Through this paper, I propose a solution that would help solve the problem of finding a parking lot for your vehicles. This solution has been created with the use of the Ethereum block chain (a distributed computing platform that is based on blockchain), and with the use of smart contracts. [1] This application is designed to provide an efficient way to further utilize the private parking spaces available in urban cities. It provides both the owners of parking lots and those who are in search of parking lots (in urban areas), a platform where they can exchange these resources. In the application, sellers lease out their parking lots while buyers book the parking lots.