Meet Bitlock: a keyless bike lock that enables peer-to-peer bike sharing in your community. You will be able to lock and unlock your bike with the press of a button. BitLock senses your proximity and verifies your identify. As you lock and unlock your bike, BitLock records your location, so others know where you have parked your bike. What’s neat is BitLock allows you to share your bike with others easily.
BitLock is compatible with iPhone & Android phones. It not only offers you keyless operation but can track and map your ride. It has a battery life of 5 years. You get a notification when the battery level is low. Bitlock is designed to withstand bad weather conditions. It uses encryption for security purposes.
BitLock makes sharing your bike with others easy. The project is currently getting funding on Kickstarter. You can pick one up for as low as $79.