The new bike includes an inbuilt computer system incorporating an 'unbreakable' locking device that allows only the owner to open it via fingerprint recognition
A mini computer on the handlebars counts the calories the cyclist is burning by monitoring each turn of the pedals.
Chris Boardman in action. The Olympic cyclist has designed a bike of the future
Spoke-less wheels make the bike more aerodynamic while the tyres will be puncture-proof with self-inflating tyres.
Owners of the bike, which is still being designed, won't even always have to pedal - a battery-assisted motor run by solar panels takes over if they get tired.
Plus the frame is made of carbon fibre, making the bike strong and lightweight.
Boardman, who led a research team for British Cycling in the run-up to the Beijing Olympics, said the bike would not be 'financially feasible' for 20 years.
However, the 1992 Olympic gold medalist for the four-kilometre pursuit added: 'It could be built now if there was a will. All the technologies are already there, it's just that nobody's put them all together before.'
Tom Bogdanowicz, campaign manager at London Cycling Campaign, said: 'Some of the ideas behind this bike are clearly things cyclists want. But it really needs to be affordable.'
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