Park Realty Co. Ltd., which provides a parking lot sharing serving called QRpark, announced last week that it has started accepting bitcoin payments.

"It is the service to convert the industry's first monthly parking lot into a temporary parking lot," the company described. A parking lot owner just needs to set up a visible signboard on the premises to be shared. "Guests using the parking lot select the parking time at the time of parking and pay the fee using the [QRpark] application," the company detailed, adding that "Compared to [traditional] coin parking, capital investment is small, so the price is also cheap."

The announcement states that the company believes that this system will lower the vacancy rate of monthly parking lots, and expects that approximately 4,000 locations and 10,000 renters nationwide to use this service throughout the year.