Lock8 is a smart lock paired to your smartphone, and you use its mobile app to lock and unlock the bike once the lock chain is connected and it contains six sensors to determine if an attempted theft is underway. Since the lock is unlocked via smartphone, customers can easily share their bikes with friends or even rent them out.

Watch more from Disrupt Europe 2013:

TechCrunch Disrupt is one of the most anticipated technology conferences of the year. This October 26- 29, TechCrunch will be bringing Disrupt to Berlin to reveal an all new slate of outstanding startups, influential speakers, guests, and more to the stage.

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