Ambrosus (AMB): What Is It and How Does It Work? marketMogul

Combining high-tech sensors, blockchain protocol and smart contracts, we are building a universally verifiable, community-driven ecosystem to assure the quality, safety & origins of products.
Food & Medicine are life-essential products, but because of the way today's global supply chains are run, most of us do not know what we are really getting when we consume food or use medicine.
At the Ambrosus project we aim to radically improve the global supply chains by creating a trusted ecosystem where we can reliably record the entire history of products and execute commercial transactions accordingly.
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Ambrosus (AMB): What Is It and How Does It Work? marketMogul

Post by dizzleBEE16 » Sat Mar 24, 2018 5:23 pm

"Ambrosus is an eco-system which, according to its website, plans to use blockchain and IoT to track products across the supply chain and as such guarantee its quality, safety and origin for consumers. The idea is that consumers can know exactly what they are buying and the information collected can also be used to draw up smart contracts between suppliers and the consumer and therefore enforce quality control. They claim coupling sensor technology, with IoT and blockchain creates a system of “interconnected quality assurance”."

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