Welcome to our small bi-weekly update on $AMB! All the information about the current state of development and partnerships is accessible via their Progress reports: in the recent update, a project with DNA Tracers company was announced; they also work on a collaboration to completely reshape preventative healthcare as it is currently understood. Not only is this initiative groundbreaking within the healthcare industry, but it is also going to utilize the Ambrosus blockchain for securely storing and managing data — with the opportunity of incorporating Ambrosus IoT devices further down the line.

A formal announcement is expected soon. Moreover, they are currently in negotiations with a large US condiments company that produces vanilla extract for the multi-billion dollar food industry. The unique opportunity at hand refers to the fact that a potential solution would not only trace vanilla from Madagascar but also from Indonesia and Uganda as well. More amazing use-cases of Ambrosus can be found at the end of our update. Furthermore, Ambrosus hosted a meetup in Brussels on October 16th and attended the Hard Fork Summit — feel free to share photos with us if you participated in the events! The Ambrosus community is slightly growing in various social networks; enthusiasts actively participate in AMB life at Reddit and Telegram Chat.

Paradigm Fund is waiting for more progress of Ambrosus and ChipLess! Stay tuned!