Dematerialization
Location
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
- 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
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