Member - Smart Lock & Dock Ltd

As cities grow ever larger pressures on public space increase, when cars became popular, chaos on street parking resulted, the invention of the parking meter solved that problem. The world's first installed parking meter was in Oklahoma City on July 16, 1935. Magee received a patent for the apparatus on 24 May 1938. The main attribute of the parking meter was the ability to control any size of vehicle and to charge rent for the space used thereby increasing city revenues. Fast forward to 2019 private bicycle and scooter, public share bicycles and scooters of all types are now creating chaotic street clutter demand from many different quarters now need their own space requirements putting enormous pressures on streetspace They all need space that is risk assessed ,for public safety insurance cover, without this standard being authorised there is no public liability insurance cover. For example Barcelona has Bicing, a very large expensive dock based system, that is very popular, it also has private bike hoops taking up more space, other bike share operators like donkey bikes uses these hoops, reducing private bike capacity, then there are scooter bikes appearing, some like Lime scooters, are trusting users to park safely anywhere which affects public liability insurance cover . Who is responsible for a pedestrian tripping up and being injured. Smart Lock and Dock solves all these issues, like the original parking meter, any type of car van or lorry becomes parking space that is controllable, Smart Lock and Dock does the same, for any type of two wheeled vehicle, electric or pedal, can now be controlled in the same controlled securely and safely from a single unit. The inefficiency of needing to rebalance dock based bike share, every night, using specially designed trucks is eliminated Instead of 80% of docks being occupied with bikes waiting to be used and 20%of Docks waiting for a bike to be parked. Smart Lock and Dock has 80% of parking space waiting for a bike to be parked allowing a free floating type use for Bicing The Smart Lock and Dock has no infrastructure requirements and can, with operational experience, improve efficiency, by moving to better more efficient locations. The cost of the Smart Lock and Dock is 90% cheaper than the Bicing and has a ROI of 6 months