21-year old Kevin Scott designed a bicycle that should be harder to steal than most conventional bikes. The frame can be folded in half and the whole bicycle wrapped around an immovable obstacle:
Link via CrunchGrear | Photo: [deleted upon request]
The De Montfort University graduate used a ratchet system built into the frame of the bike to allow it to wrap around a pole, enabling the lock to be wrapped through both wheels and the frame.
Securing all the bike's components within the lock was his aim in creating the new bike. It also allows the bike to be stored in small spaces.
The frame can be ratcheted tight to allow the bike to be ridden like a normal bike, but it can be quickly loosened to allow the frame to be bent back on itself.
Link via CrunchGrear | Photo: [deleted upon request]
The wheels can't be stolen :)
That said, this is a VERY neat idea!