**Truesense Secures Seed Investment for UWB Innovations** Truesense, a prominent European entity specializing in Ultra-Wideband (UWB) technology, AI-driven platforms, and smart nodes, proudly announces the successful completion of its initial seed investment round, backed by Magic Spectrum and The Hashgraph Group (THG). This strategic funding will bolster Truesense’s growth initiatives in software, AI, blockchain, and platform solutions, facilitating innovative UWB applications across diverse industries utilizing Hedera’s distributed ledger technology (DLT). **Innovative AI-Driven UWB Solutions** Truesense is at the forefront of developing sophisticated smart UWB nodes designed for ranging, radar, and various applications, including secure access control, real-time location services, health monitoring, and smart tracking. By merging AI-driven software with solid hardware solutions, Truesense enhances its capabilities, offering precise, efficient, and intelligent UWB communications across sectors such as mobility, logistics, security, healthcare, and smart environments. **Integrating Blockchain with UWB Technology** The merging of blockchain and UWB technology signifies a groundbreaking advancement in creating secure and traceable node-to-node communications. The Hashgraph Group, with its Hedera-based DLT platform and certified engineering team, offers the perfect decentralized framework and Web3 expertise to amplify Truesense's UWB capabilities while enabling various industry applications, including: - Secure transactions for physical access control (such as offices, venues, and transportation hubs) - Local mobility solutions like automated ticketing and car-sharing authentication - Smooth interaction for pay-content services, encompassing digital entertainment and media - Real-time, immutable asset tracking solutions and automation through smart contracts Armando Caltabiano, CEO of Truesense, commented on the investment collaboration, stating, “This new investment not only strengthens our market position but also highlights the confidence in our solutions for secure, real-time wireless interactions.

Collaborating with The Hashgraph Group and utilizing their advanced Hedera technology will empower us to expand the potential of UWB applications, providing scalable, high-performance solutions that transform device communication, transactions, and interactions in a more interconnected world, while ensuring compliance, security, and legal traceability of digital transactions. ” Truesense and The Hashgraph Group are already working together to develop a next-generation UWB-powered interactive experience for TV and mobile devices. This collaboration will leverage Hedera’s distributed ledger technology to create new Web3-enabled consumer loyalty and engagement solutions that directly connect with digital media content. Through their initiative, Symera, the convergence of UWB technology and DLT aims to develop a suite of gamification and loyalty programs, enhancing consumer engagement and maximizing value creation for numerous direct-to-consumer (D2C) businesses, all while incorporating artificial intelligence and behavioral science.