Parksen and RedCab sign a partnership!

We are very happy to announce that Parksen has formed a partnership with the leading blockchain-transportation company called RedCab!

RedCab is a peer to peer transportation solution, a next-generation P2P blockchain-based cab hire company. Founded in 2016, it is a fast forward company with a futuristic business model in the transportation space like Parksen. It has launched the first Beta version of the Mobile App in 2017. The App aims at helping drivers to gain better income from the taxi companies, and customers also save time and money by using a decentralized mechanism.

It took place in a small touristic spot by the Red Sea for more on hand operations and to test the car hailing service. The company observed a huge potential in the industry and rising demand in metropolitan cities globally with a future expectation for the industry ballooning to reach $285 billion by 2030.


Parksen is very happy to have a strategic partner like RedCab in Egypt. This means we have a strategic partner in the middle east. In the future, when we expand in the east European area or Middle East area, we will be able to have RedCab to help us to deploy the taxi services or other sharing ride route services.

Moreover, RedCab has the newest technologies—deep learning, data analysis and AI-powered Road Assistant in their technical expansion plan. The company has an Ethereum-based token like Parksen as well. Its decentralization character will help it to compete with existing larger ride-hailing companies such as Uber, Lyft and Grab.


One of Parksen’s missions is to serve the car owners for the best experience of parking. The partnership with RedCab helps Parksen to form an even better platform solution for car owners. We will provide all kind of applications for different markets in EU, and make parking smarter again! Join us for the parking revolution TODAY!

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