Smart locks are all the rage these days, and it makes sense: using a device instead of a hardware key means you’re far less likely to lose the means to opening the lock, and you can do it remotely from anywhere with a connection. TEO is a new Kickstarter Project that wants to bring smart features to that most basic of everyday security devices, the padlock.

The TEO uses an app to control a Bluetooth LE lock device, which has a basic hinge and a design that instantly sets it apart from other padlocks out there. It’s also a rights-management platform, whereby you can see the location of your TEO locks on a map, and share access to each individually with anyone else that has the TEO app as you choose. So if you need a friend to pick up the bike you left outside their apartment last night and…