Connected digital infrastructure will enable a single IoT platform to collect and analyse real-time data across the hubs
Intellectual property commercialisation company Allied Minds has established a subsidiary, QuayChain, to build citizens broadband radio service (CBRS) connected digital infrastructure in transport hubs.
According to the firm, Quaychain plans to build in “multi-user industrial locations” such as ports, airports, rail as well as large industrial real estate complexes, enabling operators and users to secure efficiencies in supply chain management.
These so-called smart industrial hubs will leverage CBRS spectrum sharing technology pioneered by Federated Wireless to digitise and automate supply chain management in locations that have previously been “black holes” for data and connectivity.
“We are excited to announce the formation of QuayChain. Smart industrial hubs, enabled by CBRS spectrum sharing, have the potential to generate substantial efficiencies in supply chain management,” said Simon Davidson EVP of technology investments at Allied Minds.
“We are well placed to execute given our expertise and network in next generation connectivity, gleaned in particular from our investment in Federated Wireless.”
QuayChain will create private LTE networks and will deploy proprietary connected devices and sensors to generate real-time data of value across the logistics and supply chain ecosystem.
This infrastructure will enable a single Internet of Things (IoT) platform for the collection and analysis of real-time data across the smart industrial hub. Applications will be developed to harness this data to improve the efficiency of existing supply chain work flow.
Davidson will serve as the interim president of QuayChain pending the build out of the executive team. Also joining the board as independent directors will be Andrew Scott, a seasoned executive from the logistics and supply chain industry, and Iyad Tarazi, CEO of Federated Wireless.
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