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BitLock Is A Smart Bike Lock That Lets You Share Your Bike, Map & Track Your Rides

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http://techcrunch.com – BitLock is a smart lock for your bike that uses Bluetooth LE/4.0 to do away with physical keys — allowing you to lock and unlock your ride based on the proximity of your smartphone to your bike (or directly within the app). The device exists in prototype form only for now, as its San Francisco-based makers are seeking $120,000 on Kickstarter to go into production. As with similar smart lock concepts for the home — such as Lockitron — there are more advantages to ditching metal keys and going for software than having one less key to carry around with you: BitLock’s syst (IT news)