Truesense, a European leader in Ultra-Wideband technology, AI platforms, and smart nodes, has successfully closed its first seed investment round with Magic Spectrum and The Hashgraph Group. This strategic funding will drive advancements in software, AI, blockchain, and platform solutions, expanding the scope of UWB applications across multiple industries using Hedera’s distributed ledger technology.
Pioneering AI-Enabled UWB Solutions
Truesense is at the forefront of developing smart UWB nodes that enhance precision, security, and efficiency in various industries. Key applications include:
- Secure Access Control – Enhancing authentication and security in offices, venues, and transport hubs.
- Real-Time Location Services – Improving tracking and logistics operations.
- Health Monitoring – Enabling accurate health data collection and real-time patient tracking.
- Smart Tracking – Enhancing efficiency in mobility, logistics, security, and smart environments.
- AI-Driven UWB Integration – Combining AI-powered software with robust hardware for enhanced wireless communication.
Blockchain and UWB Technology: A Converging Innovation
The integration of blockchain with UWB marks a transformative step toward secure, traceable, and intelligent node-to-node communications. Through collaboration with The Hashgraph Group, Truesense is leveraging Hedera-powered DLT to enable:
- Secure Physical Access Control – Using blockchain-backed UWB for authentication in offices, transportation, and event venues.
- Local Mobility & Automated Ticketing – Enhancing car-sharing authentication and public transport solutions.
- Seamless Digital Transactions – Improving security for pay-content services like digital entertainment and media.
- Asset Tracking & Smart Contracts – Enabling real-time, immutable tracking and automated transactions.
Truesense CEO Armando Caltabiano highlighted the significance of this investment, emphasizing its role in reinforcing Truesense’s leadership in secure, real-time wireless interactions. Partnering with The Hashgraph Group will allow Truesense to push the boundaries of UWB applications, ensuring compliance, security, and traceability in digital transactions.
Advancing Web3 Consumer Engagement
Truesense and The Hashgraph Group are jointly developing a new generation of UWB-powered TV and mobile interactivity that will redefine consumer engagement through Web3 innovations. Key highlights include:
- Gamification & Loyalty Programs – Integrating UWB and DLT to enhance brand loyalty and customer engagement.
- Symera Initiative – Leveraging AI and behavioral science to optimize direct-to-consumer (D2C) engagement.
- Web3-Enabled Monetization – Providing enterprises in Media, Sports, and Telco with revenue-generating opportunities through tokenized content and peer-to-peer interactions.
Stefan Deiss, CEO of The Hashgraph Group, emphasized that this strategic investment will accelerate Web3 adoption and create new monetization models for brands through gamification and tokenized digital content.
Truesense’s seed investment marks a significant milestone in UWB innovation, paving the way for AI-driven, blockchain-powered applications across industries. With the support of Magic Spectrum and The Hashgraph Group, Truesense is set to revolutionize secure digital interactions, loyalty programs, and consumer engagement in an increasingly connected world.
