Ambrosus (AMB)
An Intermediary Between The Internet Of Things And The Blockchain.- 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.