Dematerialization

Location

  • They can be found almost anywhere in a city a long
  • don't require docking stations like normal ride sharing bikes
  • can be easily introduced in most towns without any new infrastructure

GPS

  • GPS location allows for people to use the app to find nearest bike
  • GPS can also be used by maintenance people to repair the bikes
  • GPS can be used to track down a bike if it is stolen

Application

  • User's use an application to find bikes
  • Easily interchangeable with other preexisting applications like banking apps in order to pay for bikes
  • User's can do everything from their phones without having the requirement of finding a docking station to pay for a bike and to return one