Distributed ledger technology and IoT has revolutionized the world by finding its application in all the domains. It promises to transform the digital infrastructure which powers extensive evolutions and impacts a lot of areas. Vehicle parking is a major problem in major cities around the world in both developed and developing countries. The common problems are unavailability or shortage of parking spaces, no information about tariff and no mean of searching availability of parking space online. The struggle doesn't end even if an individual finds a spot, he is required to pay in cash. This traditional and manual process takes a lot of time and causes a lot of hassle. In this paper, we provide a novel solution to the parking problem using IoT and distributed ledger technology. This system is based on pervasive computing and provides auto check-in and check-out. The user can control the system and their profile using the app on their smartphone. The major advantage of the system is an easy and online payment method. Users can pay for their parking tickets using their credit cards from their smartphone app. This decreases their hassle of carrying cash and coins for purchasing parking tickets. Smart Parking will optimize the parking mechanism, save time, reduce traffic and pollution, and provide an enhanced user experience. It is robust, secure, scalable and automated using the combination of cutting-edge technologies.