Ambrosus is a blockchain solution for supply chains, which is distinguished from traditional logistics solutions in that it provides environmental data about products as they move through a supply chain. This data is detected by sensors and transmitted with IoT technology to the Ambrosus network so that it’s transparently accessible and updated in real-time.

The Benefit to Supply Chains

Information transferred between counter-parties within a supply chain can now be trusted, due to the immutability and transparency of the blockchain. Additionally, the sensors can detect whether a product has been tampered with or spoiled, by sensing environmental factors such as movement, weight, oxygen, light, temperature, humidity, and of course the time and location.

Besides making the information trusted between counter-parties, Ambrosus will also make supply chains more automated; an example of this is where smart contracts serve as real time auditors to supply chains. This significantly lowers the risk and costs associated with shrinkage, fraud and counterfeit items. Should a recall be required, its easy to see where things went wrong.

Lastly, corporations are incentivized to adopt the Ambrosus token not only to ensure the quality of their products but furthermore, the token they use holds value. As more supply chain companies adopt the Ambrosus protocol, more will be allocated to them, which leaves less in circulation on the market — which in turn raises the value of the token.

Benefits to Consumers

The benefit to consumers is clear, in the increased ability to make an informed decision about the products they purchase and consume. Ambrosus are developing a dApp where a consumer can scan the QR code on a product with their phone to see the related information; such as the origin, the ingredients, and whether the ethical and sustainable factors meet their expectation or standards.

Benefits to Ambrosus (AMB) Token Holders

Ambrosus have released the total supply of AMB tokens, and won’t be releasing any more in the future. As mentioned above, this means as corporations adopt and implement the AMB-Network into their supply chains, this will create a network effect and the circulating supply will decrease, causing appreciation of the AMB token.

Adoption of the AMB-NET is imminent with many partnered, large scale institutions already fixed and deploying the systems now. Globally recognized institutions like the United Nations, Swiss Food Research, Trek Therapeutics and EIT Food, are in full support of Ambrosus and will be the proud initial adopters if the technology.

To learn more about Ambrosus check out their website https://Ambrosus.com, for regular updates and progress they have an Ambrosus Medium Blog here too.