Thad's concept, ParkENT Cycles, is a secure bicycle parking space that's "faster than walking, cheaper than parking." A patented electronic bicycle rack that locks the wheel and frame of bicycles, ParkENT "just wants to 'hug' your bike and keep it safe" (as Thad likes to say).
Great question. According to ParkENT, research has shown that all bike locks on the market can be broken in 30 seconds or less. And those regular bike racks don't actually lock up your bike; they're just a "hitching post" where you're counting on that super effective bike lock to secure your bike.