Ohrn links to Portland Business Journal:

bIKE SHARE

The Portland market is set to become a test bed for the latest program by Santa Monica, California-based peer-to-peer rental platform Spinlister.

The company is looking to reinvent the citywide bike share business model with a peer-to-peer program that includes a fleet of specialty VanMoof bicycles. Whereas individuals would own the bikes, rentals would be handled through the Spinlister mobile app.

It’s a distributed model instead of the traditional bike share models that feature hubs for the bikes.

The bikes include an onboard computer embedded in the frame that updates the bike’s location. The feature allows users to find bikes nearby and also, through its Bluetooth lock, offers a theft deterrent.

More here.