Would be a nice hack to build something like this. How would you embed a device like this into into a frame & other parts?
Comments: "... Ryan Scheel: Might it make sense to put a GPS device in bikes encrypted with a private key that only your computer has access to? ..."
RFID inventory of parts unique to a bike?
Would be interesting if each (high value) part had a unique serial number unique to the bike. Small RFID devices for the frame, wheels, seat brakes registered to a unique frame? That way each part could be tied to a frame & identifiable to one bike.