"For the first time, a technology exists that will allow for wireless broadband spectrum to be traded like any other commodity — bought and sold in real time," said Rivada CEO Declan Ganley.
(Read more: US appeals court strikes down Internet rules)
Ganley said the broadband industry was facing a "spectrum crunch", and that Rivada's platform would help any excess capacity be bought and sold more quickly.
"Radio spectrum is fast becoming one of the most valuable natural resources on the planet. In developing this market we will not only commoditize spectrum, but hugely improve its efficiency and utilization by allowing the market to allocate lower prices for the least-used blocks of bandwidth," he said.
—By CNBC's Katy Barnato. Follow her on Twitter: @KatyBarnato