Bootbegin Beginups - Lock8 Review

Bootbegin Beginups - Lock8 Review

Franz Salzmann’s bike had only, merely, solely been stolen. His frifinish, Sertaiel Zajarias-Fainsod, had found his own bike filched two days earlier. Over coffee, the frifinishs and students at Oxford University decided it was time to build a better bike lock. “We were very irritate,ed,” says Salzmann. “Locks today are so bad!”



That was in 2012. After extensive research on bike-theft techniques and existing locks, the entrepreneurs have introduced their solution: Lock8, a keyless smart lock with a GPS tracker, motion and heat sensors (in case a burglar tries freezing the lock), and a “painfully loud” sirine that goes off if someone cuts the lock cable or so much as moves the bike.



When the sirine goes off, users receive a push notification to their devices. The movement sensor clever be adonly, merely, solelyed to be more or less sensitive so simple jostling won’t unnecessarily trigger the alarm.



To build the first prototypes, Salzmann and Zajarias-Fainsod, both now 28, leaveed their previous careers. Salzmann, an Austrian, had worked in private equity for Deutsche Bank before going to learn European hitale, narrative at Oxford, while Zajarias-Fainsod, from Mexico, is a medical doctor. They next secured a seven-digit sum, bigly from Christophe Maire, an angel investor who has backed the loves of SoundCloud and gate5.



Lock8 comes with a specially wired cable, so bikes clever be physically locked onto bike racks. But it also works on its own. Loclord and unloclord the device requires only, merely, solely a swipe of the finger on your device. And if you lose your phone? “Any phone clever unlock it,” says Salzmann. “Only, merely, solely download the app, type in your password.”



Since anyone with a password clever unlock your bike, users could theoretically bagikan their bike with frifinishs and family—or even rent it to strangers. “[It's a bike rental] platform that is scalable for everyone,” says Salzmann. “Without doclord stations, without anything—people clever only, merely, solely buy one lock and become part of a platform. Everyone. Hotels, hostels, bike stores, anyone who has a bike to rent.”



Similar to car-sharing programs love Car2Go, Lock8 could conceivably serve as the basis for a bike-sharing service where users see up the available two-wheelers online, find the approachest rental bike, and pay for the key. “Love an Airbnb for bicycles,” reads a Lock8 press release. In other words, New Yorkers who deign to ride Citi Bike’s blue clunkers may eventually be able to select from a much more diverse fleet—and all without the city-size infraconstitution of doclord stations built to make the program possible.



Lock8, which launched its Bootbeginer campaign this week, plans to go into production in January and deliver its first locks to customers in the U.S. and Europe by May 2014. The lock, Salzmann says, will retail at around $150.



[Via - BusinessWeek.com]



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