'Letscycle' Lets You Pick Up and Drop Off a Bike Anywhere
Michael Hemsworth — January 27, 2018 — Tech
References: letscycle.in & betalist
Existing bike sharing systems can be difficult to incorporate into a new region given the need for a stationary dock, so the 'Letscycle' dockless bike sharing service has been created to help end this. The system works by enabling users to rent a bike at a low-cost on their college campus, ride it to their destination and simply leave it in a designated parking spot. This creates a more decentralized experience that shows strong promise for urban areas where it might be difficult or virtually impossible to incorporate a tradition bike sharing service.
The 'Letscycle' dockless bike sharing service is also quite cost-effective for students to afford to ensure that they can access what they need without having to fork over too much of their money.
The 'Letscycle' dockless bike sharing service is also quite cost-effective for students to afford to ensure that they can access what they need without having to fork over too much of their money.
Trend Themes
1. Dockless Bike Sharing - Disruptive innovation opportunity: Develop a dockless bike sharing platform that uses GPS technology for easy pick-up and drop-off anywhere.
2. Decentralized Bike Sharing - Disruptive innovation opportunity: Create a decentralized bike sharing system that allows users to leave bikes in designated parking spots, eliminating the need for stationary docks.
3. Affordable Bike Sharing - Disruptive innovation opportunity: Design an affordable bike sharing service specifically targeted towards cost-conscious students to promote accessibility.
Industry Implications
1. Urban Transportation - Disruptive innovation opportunity: Incorporate dockless bike sharing platforms into urban transportation systems to provide sustainable and convenient last-mile solutions.
2. Higher Education - Disruptive innovation opportunity: Collaborate with colleges and universities to implement dockless bike sharing services on campuses, creating a more cost-effective and flexible transportation option for students.
3. Smart Mobility - Disruptive innovation opportunity: Combine dockless bike sharing with smart mobility technologies to offer seamless integration with public transportation, thereby reducing congestion and promoting eco-friendly commuting.
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