Managing director Al Reid said he hoped to use the City of Greater Bendigo’s trial of his product as a global launch pad for the peer-to-peer sharing system. 

“The core idea here, what makes this unique is that it is a universal system,” Mr Reid said. 

“If you think about a normal bike share system – like Melbourne’s blue bikes, for example – you’re talking about a single type of bike. 

“With this system you can put any style of push bike, it could be a BMX, a mountain bike, a race bike, or it could be an e-bike and its battery would get charged to the correct voltage.”

Mr Reid said the product was backed by a versatile software system which would allow allow users to keep their bikes private or shared with certain people.

Bikes could be open free of charge to anyone on the system – or even rented out to the public. 

He said Bendigo council was chosen to trial the technology because it was a case in which one local government covered a confined urban area.

“Bendigo is the perfect test as it’s an isolated city which will allow us to test the technology in a robustly-controlled environment,” he said.

“Somewhere like Melbourne, with a number of councils covering a sprawling area could have been a bit messy.

“And Bendigo is a forward-looking city.”