News Ambrosus: Harnessing Blockchain and IoT for the Digital Era

Ambrosus: Harnessing Blockchain and IoT for the Digital Era

-

- Advertisment -Ambrosus: Harnessing Blockchain and IoT for the Digital Era

Ambrosus (AMB) is a blockchain and internet of things (IoT) network that specializes in bringing end-to-end data management to physical processes in the world: from supply chains, smart cities, and smart farms, to clean energy and logistics. By combining an original catalogue of IoT devices with an industrial grade blockchain (AMB-NET), Ambrosus provides a cost-effective and secure means for enterprises to share information, manage their inventories, and demonstrate the origin, quality, and journeys of their products to the end-consumer.

While largely concentrated on food and pharmaceutical supply chains as well as smart city management, the flexible infrastructure of AMB-NET, built specifically for IoT device connectivity, categorizes all data uploaded onto the network as either an ‘Asset’ or ‘Event’. Based upon this digital model, a wide array of solutions remain to be built within the ecosystem for industries across the global economy.

To contextualize the vision for the Ambrosus Ecosystem, Ambrosus Co-Founder and CEO Angel Versetti has said the following about the future digital economy and the need for holistic data management:

“The forthcoming digitization of the global economy in the coming years indicates the need for secure and distributed solutions centered on properly managing data. Perhaps no other pair of technologies is better suited for this challenge than blockchain and the internet of things. As consumers become more concerned about the quality and origin of their products, and enterprises seek out new ways of sharing data and coordinating their production lines, entirely new business models stand to be created with the potential to transform entire industries. At Ambrosus, we believe this future is best achieved when it is decentralised, open-sourced, and easily accessible for enterprises and entrepreneurs intent on embracing the digital era.”

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Why Bitcoin Will Succeed?

If Bitcoin will succeed or not is an interesting question. For the time being, Bitcoin holds a...

Elon Musk Tweets That “Bitcoin” Is Not His Safe Word

By now, you probably know that Elon Musk appears to have knocked up his girlfriend, Grimes. And just when you...

Bitcoin Can Gain 100% In 2020 – Halving Not Priced In, Says Fundstrat

Authored by William Suberg via CoinTelegraph.com, Bitcoin can deliver 100% returns to investors in 2020 and may rise significantly in...

South Korea’s Largest Digital Asset Exchange Bithumb Might Invest $8 Million in Country’s Regulatory Free Zone

Bithumb, South Korea’s largest digital asset exchange, might invest over $8 million into the nation’s regulatory sandbox program and...
- Advertisement -Ambrosus: Harnessing Blockchain and IoT for the Digital EraAmbrosus: Harnessing Blockchain and IoT for the Digital Era

As EU Regulations Tighten, Crypto Options Exchange Deribit Moving from Netherlands to Panama

Deribit, a cryptocurrency options exchange that does not currently require customers to identify themselves, will relocate to Panama from...

As EU Regulations Tighten, Crypto Options Exchange Deribit Moving from Netherlands to Panama

Deribit, a cryptocurrency options exchange that does not currently require customers to identify themselves, will relocate to Panama from...

Must read

Why Bitcoin Will Succeed?

If Bitcoin will succeed or not is...

Elon Musk Tweets That “Bitcoin” Is Not His Safe Word

By now, you probably know that Elon Musk appears...
- Advertisement -Ambrosus: Harnessing Blockchain and IoT for the Digital EraAmbrosus: Harnessing Blockchain and IoT for the Digital Era

You might also likeRELATED
Recommended to you