Designed by Mesh Motion, a San Francisco company, the Bitlock is a keyless bicycle lock which only allows the owner to access it.
By installing an app, the bike owner can unlock his bicycle by aiming it at its lock. Apart from that, this app can also be used to track the location of the vehicle and map out riding routes as well.
The app also allows bicycle owners to share their vehicles by letting them send out location details to friends and family.
This product, currently campaigning for funds on Kickstarter, is a great idea especially if bicycle thieves run rampant in your area.
[via Pop Up City and Kickstarter]