A long-range wireless network from the Helium Network project (LoRaWAN), paired with Browan industrial trackers, enabled San Francisco resident Jameson Buffmayr to minimise costs while crab fishing in the open ocean. This was reported by CoinDesk.
The hobby costs Browan’s IT chief thousands of dollars due to losses of $300 devices, as traps wander or may be stolen.
Using LoRaWAN and Browan’s industrial waterproof GPS trackers placed inside a buoy, Buffmayr could monitor the situation from roughly 40 km away.
“This is a radical shift. The ability to open a smartphone and check the location of something far away, in a completely different environment,” he explained.
Such a combination is applicable in other scenarios—from cafes using LoRaWAN to receive alerts about a shortage of cold brew, to stores tracking foot traffic, flood sensors, air and water quality.
According to the Helium Network site, there are currently 746,296 internet access points deployed globally. In the long term, the network could provide access to IoT devices via 5G.
In February 2022, the project привлек $200 млн at a valuation of $1.2 billion. Investors include: FTX Ventures, Tiger Global, Andreessen Horowitz, Alameda Research, Ribbit Capital, 10T Holdings and Multicoin Capital.
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