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S O L U T I O N S
TRUESENSE SECURES STRATEGIC INVESTMENT FROM THE HASHGRAPH GROUP TO ADVANCE BLOCKCHAIN AND AI-DRIVEN UWB TECHNOLOGY
Truesense , a European leader in Ultra-Wideband ( UWB ) technology , AI-driven platforms and smart nodes , is proud to announce the successful closure of its first seed investment round with Magic Spectrum and The Hashgraph Group ( THG ). This strategic investment will reinforce Truesense ’ s growth plans in software , AI , Blockchain and platform solutions , enabling cutting-edge UWB applications across multiple industries leveraging Hedera ’ s distributed ledger technology ( DLT ).
Pioneering AI-enabled UWB solutions
Truesense develops advanced smart UWB nodes for ranging , radar and a variety of applications , including secure access control , real-time location services , health monitoring and smart tracking . By integrating AI-driven software with robust hardware solutions , Truesense enhances these capabilities , delivering precise , efficient and intelligent UWB communications across industries such as mobility , logistics , security , healthcare and smart environments .
Converging Blockchain and UWB technology
The integration and convergence of Blockchain with UWB technology represents a revolutionary step towards providing secure and traceable node-tonode communications . The Hashgraph Group , with its Hedera-powered DLT platform and Hedera-certified engineering team , provide the ideal distributed framework and Web3 expertise to enhance the UWB capabilities of Truesense and enable multiple industry use cases , as an example :
• Secure transactions for physical access control ( e . g ., offices , venues , transport hubs )
• Local mobility solutions , such as automated ticketing and carsharing authentication
• Seamless interaction for pay-content services , including digital entertainment and media
• Real-time and immutable asset tracking solutions and smart contractbased automation
Speaking on the investment partnership Armando Caltabiano , CEO of Truesense , said : “ This new investment further strengthens our market position and underscores the trust in our solutions for secure , real-time wireless interactions . Partnering with The Hashgraph Group and leveraging their advanced Hedera technology will enable us to push the boundaries of UWB applications , delivering scalable , high-performance solutions that redefine the way devices communicate , transact and interact in an increasingly connected world while ensuring compliance , security and legal traceability of digital transactions .”
Stefan Deiss , CEO of The Hashgraph Group , said : “ The increasing global adoption of Hedera ’ s distributed ledger technology and convergence of ultrawideband technology is enabling an ever-growing number of enterprises in the Media , Sports and Telco sectors to generate new revenue streams through Web3-centric loyalty programmes , peerto-peer consumer interaction , gamification and micro-transactions . This strategic investment in Truesense marks a pivotal step in fostering innovation in UWB tech with a company that shares our vision of empowering users with tokenised digital content , gamification models and monetisation opportunities that fosters brand loyalty .” �
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