The Bitlock Ditches Keys in Favor of Smartphones
Michael Hines — October 17, 2013 — Eco
References: bitlock.co & gizmag
The BitLock is a new bike lock that ditches keys in favor of smartphones. The lock works using an accompanying app and is paired to your phone via Bluetooth. To unlock the BitLock, simply bring your phone within three feet of the lock and voila. The lock pops open with the touch of a button (said button is on the lock itself.)
BitLock also allows you to share the location of your bike with your friends. Once found, you can manually disengage the lock so that your friends can borrow your bike. If your phone dies, all you need to do to unlock your lock is find another smartphone as all data is stored in the cloud. BitLock is currently seeking $120,000 of funding on Kickstarter.
BitLock also allows you to share the location of your bike with your friends. Once found, you can manually disengage the lock so that your friends can borrow your bike. If your phone dies, all you need to do to unlock your lock is find another smartphone as all data is stored in the cloud. BitLock is currently seeking $120,000 of funding on Kickstarter.
Trend Themes
1. Bluetooth-enabled Bike Locks - Opportunity for disruptive innovation to create more secure and convenient bike locks using Bluetooth technology.
2. Smartphone-controlled Bike Accessories - Opportunity for disruptive innovation to create a range of bike accessories that can be controlled via smartphones, enhancing convenience and functionality.
3. Cloud-based Sharing Platforms - Opportunity for disruptive innovation to develop sharing platforms that utilize cloud technology, allowing users to share physical assets like bikes with ease and efficiency.
Industry Implications
1. Smartphone Accessories - Opportunity for disruptive innovation within the smartphone accessories industry to create new products that are compatible with smartphones, such as bike locks.
2. Bike Accessories - Opportunity for disruptive innovation within the bike accessories industry to incorporate smartphone connectivity and features into their products, such as locks and GPS trackers.
3. Sharing Economy - Opportunity for disruptive innovation within the sharing economy industry to develop new platforms and services that enable easy sharing and borrowing of physical assets, such as bikes.
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