Nowadays it is not about owning a bicycle but having one available when you need one. Everywhere in the world you see Bike rental and bike sharing programs popping up. All these programs have one big problem how to you lock the bike. Many have docking stations but what do you do in between when you go to the bakery. Locking the bicycle with an key is not an option because how do you arrange distribution of the keys. To solve this problem AXA comes with the electronic ringlock. Open and close your lock with pass, telephone rfid chip or a simple code. The Axa electronic lock can be connected to any rental systems.