Key technology startup LOCK8 sells its 1st 1,000 devices at the international trade show EUROBIKE

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The smart bike lock of LOCK8 is ready for production – just in time for the international trade show EUROBIKE. The Berlin- and London-based startup will sell its first 1,000 devices at the event to business customers who want to test the system for the 2015 cycling season. The alarm-secured bike lock, which has integrated GPS and Bluetooth, uses a smartphone as key, locator and payment solution. The technology of LOCK8 now also enabled the foundation of a worldwide bike rental network.

The focus of LOCK8’s presence at this year’s EUROBIKE will lie on the launch of their web-based bicycle rental network and the supporting smart bike lock technology. The platform connects bikes all over the world to one bike-rental app.

Dr. Daniel Zajarias-Fainsod, one of the two founders, explains how LOCK8 can redefine the global bicycle hire and bike sharing landscape: “If a person needs a rental bike, they will find LOCK8 equipped rental bikes in their proximity using the smartphone app. Once booked, the bike can be unlocked using the app, and off you go!”

The technology of LOCK8 LOCK8 is the world’s first smart, alarm-protected bike lock that
connects individual bikes to a worldwide bike rental app. Smartphones are used as an electronic key, via Bluetooth. Bicycles can be located via GPS and easily booked through the App without the need for a physical key. The bike lock provides additional layers of security against theft, utilizing a range of intelligent sensors. Watch the video below to learn more: