The Ambrosus Mainnet blockchain platform enables businesses to ensure the quality of their products. Ambrosus now offers a blockchain and IoT platform – AMB-NET 1.0 – for quality assurance in food and pharmaceutical supply chains.
Ambrosus is a decentralised IoT network for next generation supply-chains. Combining high-tech sensors, blockchain protocol and smart contracts, Ambrosus is building a universally verifiable, community-driven ecosystem to assure the quality, safety and origins of products. Headquartered in Zug, Switzerland, Ambrosus boasts partnerships with the United Nations 10YFP, the Crypto Valley Association, Swiss Food Research, Enterprise Ethereum Alliance and the Swiss Coffee Alliance
CEO and Co-founder Angel Versetti said: “The supply chain industry to date has been subject to the limitations of human error and antiquated record-keeping systems. The Ambrosus Mainnet represents a significant step forward toward the creation of a truly transparent and traceable global supply chain. Through the implementation of the Ambrosus Mainnet, we can guarantee that the quality of every product created by our partner companies — including essentials like food and pharmaceuticals — meets with the high standards required by their valued customers.”
Mainnet lets companies record public and private supply chain data on the Ambrosus blockchain to ensure product quality. The platform has created a universally verifiable, community-driven ecosystem. This guarantees the safety and origins of essential products — such as:
This occurs in real time. Organisations can record supply chain data through the Ambrosus Network. To do this they use the AMB native token to put public data and certain aspects of private data on the Ambrosus blockchain.
The Ambrosus Mainnet introduces masternodes to the blockchain platform. It is these which guarantee high-quality service and uptime for Ambrosus network users.
Under the new masternode system, the updated Ambrosus Application Programming Interface (API) enables networked device sensors or applications to send information to Ambrosus. Each masternode ensures the verification and security of these companies’ data. In addition, the cost of storing such data is clearly defined in terms of the financial value the system provides to each user organisation.
AMB-NET 1.0 features updates which facilitate seamless interactions with business’ existing IT systems. Core functions of AMB-Net 1.0 include:
- the designation of asset identity
- the ability to track the storage, transportation, delivery and temperature conditions of assets throughout the supply chain life-cycle.
The Ambrosus ecosystem and integration
In addition to the launch of AMB-NET, the Ambrosus ecosystem offers significant advancements in various areas, such as:
- sensor laboratory work (to build progressive hardware sensors)
- 3D printing.
Using Ambrosus software development kits (SDKs), anyone with a smart device can now build a decentralized application (dApp) on the Ambrosus Network via an app or supply chain interface. Through these personalized dApps, virtually anyone can trace assets and events through the network.
With the integration of the Ambrosus Mainnet into the food and pharmaceutical industries, in time, any consumer will be able to scan a product in their local store to determine its quality and source. This may boost confidence in the already global multi-trillion dollar supply chain industry.
Ambrosus CPO Dr. Vlad Trifa said: “Ambrosus has set the standard for innovation emerging within the supply chain industry, developing a particularly disruptive and forward-thinking solution to its current issues. The AMB-NET brings increased transparency and assurance to consumers about the quality of everyday products they consume, such as food and medicine.”
Enterprise Times: what does this mean
It is difficult to assess this Ambrosus announcement. On the web site, which is visually delightful, there is a notable absence of information or detail (that Enterprise Times could find) – not even a white paper describing the technology base* or Mainnet (which Enterprise Times believes is a minimum for asserting credibility).
Nevertheless, what Ambrosus is trying to do makes sense. It is one of several operating in the same supply chain arena (like Kelly Products or the Blockchain Food Safety Alliance). That the latter is becoming ever more competitive is probably good for enterprises in the long term. In the short term it will be more complicated to sort the technological wheat from the chaff.