In light of my previous blog posts where I’ve looked at Ambrosus, I would like to take a step back and re-examine some of the past engagements that Ambrosus has had with the community. The purpose here is to go over some of the most important points that have been consistently presented over the past year.

October 2017:

To start, let’s go back to October of 2017, to look at some comments Angel made in one of the first AMA’s done by Ambrosus. There are a number of interesting points, although the following, I think, are the most important.

In discussing the difficulties of working in the supply chain, Angel said the following:

“The thing with supply chains is — a lot of people expect this stuff to be ready like in the snap of a finger and it doesn’t work like that. Supply chains are a very archaic, outdated, sometimes technology-deficient sector. So a lot of the actual pilots that were running; something that we thought will take us a month or two, takes a few months and then nothing works, then we have to improve the process continuously. So, that’s why there’s also there’s been a number of companies who try to tackle the supply chain problems in the past three or five years ago and they actually ended up nowhere.”

On the topic of engaging with companies, and the goal of building solutions that make sense, as well as the issues with private blockchains:

“When we work with companies, they want something that works or they want us to build for them something that will serve their needs. This has been the point of investigations with a lot of companies we interact with — what solution makes sense. What makes sense for most companies is something like: Ok we give you the specifications, you build us a private blockchain. And then we have to tell them: Well we’re not building private blockchains, we’re building a public repository of information that we want their competitors/ competing companies to use. Then then question becomes more challenging — but how do you build a public repository where the information is both available and also verifiable and also low-cost, and that’s that’s the major question that we’re tackling right now.”

That was now almost an entire year ago — and much of that information has remained the same, with a lot of important pieces of advice to keep in mind.

December 2017:

Let’s fast forward now to an AMA that Angel did in December of 2017, where he really breaks down some of the early developments of Ambrosus, and shares more about his vision going forward:

“We are focused on being the long-term solution that will be used by companies and public sector in the years to come. This requires discipline, care and compliance with regulations/law, which may be unfavourable in the short-term, but highly important in the long-term. A lot of respectable actors these days are very careful who they work with. Many partnerships that a lot of companies announce have no substance in it, simply because a large corporate always takes many months to decide to adopt a technology, and usually they just learn from the project , maybe even through partnering with them, but then after some time they actually quietly launch their own private solution with those features. This will be the fate of many projects in the space. Companies will learn how they work, will copy them, and will dump them. The advantage of Ambrosus is our know-how and IP that we are building up, which will make that highly impractical and difficult.”

In the same AMA, Angel responded to the question about hyping projects in the crypto-space for short term value. This is what he said:

“I don’t care much for the craziness of the crypto-space and crazy speculations around it. Why are so many companies hyping up like that? Simply, because they know that they don’t have much time left so they may as well push things up and make money along the way, before the music stops. This was never our objective. From the very beginning we have consistently communicated that we will take a road of setting up healthy strong foundations for Ambrosus and making sure that we develop strong product overall. I am personally of opinion that there are very few good businesses that are an overnight success. Viral success does happen every now and then, but the pattern of businesses that are truly long-lasting and dominant is dedicated work on an important mission (think Amazon, Apple, Google, Tesla, Microsoft — if you look at the history of these companies and how they shaped, this was not an overnight success, but dedicated work on a meaningful product/mission, and there were tough times too (think Amazon that could not take off, or Apple that for a number of years was borderline bankrupt). Things are not straightforward or easy in business, so if someone is communicating you a story too shiny to be true, then maybe it’s not. Our team are all working on a long-term vision.”

On the topic of IoT and the costs of sensors currently being used in the market:

“On that part IoT also seems promising. I believe I have seen a number of publications that estimate that the overall average cost of sensors and IoT devices will fall steadily over the next 10–15 years, so many things are going to be possible there. And yes, I do want Ambrosus to be an important part of that ecosystem too, and this is why a significant part of our team are hardware/microelectronics experts.”

To my mind, the most important point is that the IoT devices and their applicability to supply chains, appear to correspond to the development of the InnoLab (based on Dr. Stefan’s Meyer’s post). Depending on the time it takes for IoT devices to decrease in value, the best years of Ambrosus could very well be in 3 to 5 years.

January 2018:

In a shorter blog post to the reddit community, entitled “I am Overall Optimistic about Ambrosus Next Year: 5 Reasons Why”, Angel discussed his thoughts on the growth of Ambrosus, and its upcoming year.

Of particular interest, is the following:

“I only hire dedicated operatives. Here I am highly inspired by Elon Musk’s quote “the general understanding is that if you’re at Tesla, you’re choosing to be at the equivalent of Special Forces”. This is the philosophy I apply at Ambrosus. We don’t take in average people, and if we do, they either step up their game, or they leave. We have applied high standards of work and delivery to everyone joining us, irrespective of their rank and reputation. I will continue pushing everyone to deliver. Over the last few months I have battle-tested several people and I am absolutely confident in their professionalism, autonomy and resourcefulness. I have a big plan in my mind for Ambrosus, and I am happy that our team has grown from 8 to 24 people, and soon several more highly-capable and hard-working people will join. Watch out for announcements.”

In terms of the product strategy, Angel emphasized how the key to Ambrosus’ product success rests upon building a solid foundation:

“Importantly, however, we have taken time to create solid foundations for Ambrosus, and now upon this foundation new solutions will thrive fueling our ecosystem. I do believe in that sense that 2018 will be a year for Ambrosus when all our individual elements and pieces will start reinforcing each other and create a positive feedback loop, a virtuous circle and make our ecosystem blossom.”

May 2018:

In early May of 2018, the AMBERnomics was released. Accompanying this, Angel held a flash AMA discussing the crypto-economic model, as well as any other questions community members had.

Amidst all of the technicalities discussing the crypto-economic model, in my opinion, the most important takeaway was Angel’s response to Ambrosus working with other companies:

“Everything that would no longer be under NDA, would be communicated. I will note for the public record that ALL the corporations with whom we signed NDAs are still working with us, with interactions being at different stages, from developing PoCs to pilot projects to actual implementation and even running an Ambrosus Masternode. None of our interactions with major corporates have broken down. We will make public announcements in due course, when this will make sense for our partners. We are aiming for a long-term relationship with them and adoption of AMB-NET, and not short-term hype to satisfy the speculators.”

I think this answer really reinforces a lot of what was stated previously by Angel — namely that Ambrosus is seeking to build long term relationships with partners, and they are doing this in a way where it can actually lead to the real implementation of quality solutions in supply chains.

July 2018:

In a summary of Angel’s July AMA, Reddit User, Mike_Lee00 provided a synthesized post breaking down the most important pieces of Angel’s message:

The Year of Corporate Tinkering (2017) and the Year of Awakening (2018): First, in terms of the growth timeline of Ambrosus, Angel has referred to the current stage of blockchain development in the supply chain as the ‘Year of Awakening’. In his own words in response to ‘YashiLou’:

“Right now the benefits of the blockchain in general terms are widely understood by the tech departments of all leading companies worldwide and now they try to see how blockchain could be more than just a gimmick. This is in contrast to how last year was considered ‘the year of corporate tinkering’. The larger point here is that Ambrosus is positioned exceptionally well to fit the needs of the corporates that are ‘waking up’ to the blockchain’s potential.”

Perhaps the most important takeaway from the compilation of these quotes, is that this past year of Ambrosus development (of which I will admit, I am rather late to the party), has been deeply concentrated on building a sound foundation from which to work with companies. I don’t think it is unrealistic to say that the most difficult part is done, and that the best is still to come — this is just keeping in mind the nature of partnerships, the difficulties of integrating in the supply chain, and the future of IoT devices. Hopefully, the coming months — with the eventual launch of AMB-NET 2.0 and more time for Business Developers to work — will yield some significant results.

Also attached below is just a breakdown of the links to the various AMAs:

· October 2017, AMA.

· December 2017, AMA.

· 2018 Outline Post

· May Flash AMA

· July Synthesis of AMA

As a disclaimer, none of this should be taken as investment advice, please consult a certified professional before investing in digital currencies.