Topic: Block chain tech employed on sharing bikes? (Read 129 times)
I struggle to understand how a blockchain will mitigate the risk of a bike being stolen? Am I missing something here? What is stopping someone from cutting a bike lock and just stealing the bike? When you "rent" the bike would you have to lock up an amount of crypto as collateral to ensure you take the proper steps to secure it properly?
An article from "The economist" mentioned the possibility of applying the block chain tech on the popular sharing bikes, below shows a paragraph quoted from "the economist" 
"Using Fairbike would be like using Mobike. But instead of passing on your money to a central organisation, the bikes would hold on to it. Once a community set such a system up it would pay for its own maintenance—and, when enough funds had been collected, new bikes. Systems used a lot could thus both heal their wear and tear and increase their population. The repair jobs and new bike orders would be assigned on a lottery basis to registered bike shops. Theft would finally become impossible, at least technically; wherever a Fairbike was taken it would still own itself. There would, however, be a certain loss of access."
From the article, the purpose of the proposal is mainly for anarchists. is it possible to make profit from this mode? and Did anyone think about the advantage of block chain to be taken on sharing services or other industries?
"Using Fairbike would be like using Mobike. But instead of passing on your money to a central organisation, the bikes would hold on to it. Once a community set such a system up it would pay for its own maintenance—and, when enough funds had been collected, new bikes. Systems used a lot could thus both heal their wear and tear and increase their population. The repair jobs and new bike orders would be assigned on a lottery basis to registered bike shops. Theft would finally become impossible, at least technically; wherever a Fairbike was taken it would still own itself. There would, however, be a certain loss of access."
From the article, the purpose of the proposal is mainly for anarchists. is it possible to make profit from this mode? and Did anyone think about the advantage of block chain to be taken on sharing services or other industries?
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