BlockchainGlobal StandardsMarketSupply Chain Management

Improving Supply Chain Transparency

Ambrosus, a blockchain and IoT platform for quality assurance in food and pharmaceutical supply chains, has announced the launch of its mainnet, AMB-NET 1.0. The mainnet lets companies record public and private supply chain data on the Ambrosus blockchain to ensure product quality. The platform has created a universally verifiable, community-driven ecosystem to guarantee the safety and origins of essential products —such as medicine, food, and commodities — in real time. Organisations will now be able to record their supply chain data through the Ambrosus Network, using the AMB native token, by putting their public data and certain aspects of their private data on the Ambrosus blockchain.

CEO and Co-founder of Ambrosus, Angel Versetti said: “The supply chain industry to date has been subject to the limitations of human error and antiquated record-keeping systems. The Ambrosus mainnet represents a significant step forward toward the creation of a truly transparent and traceable global supply chain. Through the implementation of the Ambrosus mainnet, we can guarantee that the quality of every product created by our partner companies — including essentials like food and pharmaceuticals — meets with the high standards required by their valued customers.”

 

READ MORE OF THE ARTICLE AT CHAIN-FINANCE.COM

Based near Windsor, England, Matthew Warner is an enthusiast for innovative, cutting edge technologies. He is a B.Eng. graduate in engineering with honors from the University of Warwick and also holds an PGCE in education degree. Matthew is a member of Mensa.
Free AllCoinsNews Email Updates
Get the latest cryptotoken market news and blockchain developments!
We respect your privacy.