Ofo to launch NFC-enabled smart locks

China’s leading bike-sharing startup ofo is coming up with a new solution to unlock their bikes—near-field Communication (NFC) locks. Ofo announced today that their new NFC-enabled locks have been put into mass production (in Chinese) and will be placed on the streets most likely in October. With the first electronic locks that support NFC, users can pay for and unlock a bicycle within seconds simply by bringing their smartphones near the bikes. This means that ofo riders will no longer have to solely rely on QR codes which are insecure and easy targets for scammers.