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Ambrosus (AMB)
An Intermediary Between The Internet Of Things And The Blockchain.
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The Ambrosus network is a blockchain-based ecosystem for supply chains, ensuring the origin, quality, compliance, and proper handling of items tracked by the network.
By using distributed ledgers, data processing, and sensor systems, the Ambrosus platform can integrate across supply-chain flows and enable transparency at every point within them.
Ambrosus builds on the Ethereum blockchain, but runs on Proof-of-Authority ("PoA") consensus protocols that confer authentication capabilities to the most trusted and high-integrity Masternodes.
The AMB token is used for staking, as well as paying transaction fees in the network.