This AI-powered parking garage rewards you for not driving

The trial project is being led by U.K.-based Fetch.ai and Munich-based blockchain company Datarella and was just launched at one of the central Munich offices owned by Connex Buildings. The goal is to control the pricing and use of the building's parking spaces dynamically, and to disincentivize people from driving to work by rewarding them with public transit passes for all the time they aren't using the parking garage. "It could say okay if you park closer, you're going to be charged more; if you park farther away, you'll be charged less," says Humayun Sheikh, CEO of Fetch.ai. "We reward you for doing certain actions and we discourage you from doing certain actions." Sheikh says that if the trial program is expanded to parking garages citywide, it could cut car usage by 10% annually, resulting in a reduction of more than 37,000 tons of CO2 emissions, which is equivalent to the emissions from the annual energy use of nearly 4,000 homes.