Mobile exchange for parking spaces

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SpotScout claims to be the world’s first mobile exchange marketplace for parking spots, connecting parking spaces with drivers that are desperately seeking them. Urban planners estimate that as much as 80 percent of traffic on some city streets comes from motorists aimlessly circling blocks in search of a place to park. Which is why a number of cities have launched online parking reservation services in recent years, making information available about available spots in parking lots and public garages. SpotScout takes it one step further, by not only offering real-time availability information to spot-seekers, but also allowing private, home parking…

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