VELO is a paradigm shift in the local movement of goods aimed at harnessing and monetizing the excess between-time of people on the go. VELO uses an app on your smartphone in conjunction with a bluetooth-equipped badge that allows you to receive notifications while safely riding your bike. VELO links people in need of short-distance shipping with people who are traveling and have a few extra minutes to pick up and drop off a package. All parties benefit. It will bring down the cost of shipping while allowing people to turn travel time into profit. Harnessing local economies for the movement of goods reduces delivery-vehicles on the roads and by tapping into people's existing patterns of travel we can reduce congestion on roads and fossil fuel consumption. We designed VELO with bikes in mind (as the name suggests), however it is equally suited to any other mode of urban transportation.
Velo
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