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Trackpac Selects the Helium Network for Long-Range, Low-Cost Tracking

The Helium Network will enable long-life battery-powered location tracking at one-tenth the cost of GPS


LONDON – WEBWIRE

Trackpac, the blockchain-based tracking technology company, announced today that it has chosen the Helium Network, the world’s fastest-growing wireless network, to transmit real-time location, geofence, and low-battery data to its Trackpac App. Acting as a tracking assistant for personal belongings, vehicles, pets, and more, the Trackpac App uses the Helium Network, an open-source decentralized wireless infrastructure that’s accessible to all.

While most comparative tracking technologies use 4G or telephone networks and cost approximately $450 per year per installed device, Trackpac’s solution is nearly 90% less expensive. With the Helium Network, Trackpac’s annual connectivity costs are reduced to $40 per year, enabling enterprise-grade scaling for the company. Early enterprise applications of Trackpac include cargo tracking, asset tracking, and micro-mobility tracking. Whether monitoring the progress of high-value shipments as they move from port to port, keeping forklifts, trollies, pallets, and packages safe and sound, or auditing the location of van, scooter, or bike fleets, Trackpac provides numerous opportunities for wide-scale implementation at a compelling price point. With a superior range that can communicate 200 times further than Wi-Fi, the Helium Network enables Trackpac to make long-distance location tracking available for everyone.

Neil Skoglund, Co-Founder of Trackpac, said, “Discovering the Helium Network completely changed the landscape for us.” He continued, “The volume of physical items that will come online in the years ahead is mind-bending. Whether it’s your eyeglasses, your child’s stroller, or a piece of art in a museum, we have a grand vision for the next wave of what blockchain technology will help achieve. The Helium Network is critical in unlocking the value of our tracking devices and we are thrilled to be announcing this paradigm-shifting partnership.”

“The universe of applications on the Helium Network continues to expand,” said Scott Sigel, Chief Operating Officer of the Helium Foundation. “Asset tracking is forecasted to ramp at a compounded rate of nearly 14% annually over the next five years. Trackpac has the potential to create a market-defining position in the space thanks to the favorable economics of operating on the Helium Network, plus the global reach of coverage provided by a community-built wireless network.”

Trackpac has currently announced partnerships with companies including Bailey & Jones and Brompton Bikes. To learn more about how Trackpac is enabling the tracking of commuter bikes around London with the help of the Helium Network, visit bit.ly/heliumtrackpac. To learn more about the Helium Network, visit www.helium.com.


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