Don't have an account yet? Register now to start trading all your favourite coins.
More information about the coin
  • 1D
  • 1W
  • 1M
  • 1Y

Ambrosus

Ambrosus is an innovative project that seeks to map, understand and authenticate all processes within the food supply chain and the medicine industry through blockchain technology. The complete global supply chain. The project has its own currency, named Amber. Amber owners can use the tokens for payments within the ecosystem. The AMB coins are awarded to products and then the data is added to the blockchain.

The company of Swiss origin launched its project in July 2017. In September of the same year the ICO raised the target amount of 30 million dollars. What the ICO has probably helped to make is the expertise and support of Gavin Wood. Gavin Wood is founder of Parity and co-founder of Ethereum. Wood successfully helped several startups with the launch of their blockchain project. As said, this blockchain project maps the food and medicine chain. Currently, these processes are still manually monitored and inspected, making them more susceptible to human error, inaccuracies and fraud. By means of blockchain technology the data can be recorded and stored automatically, without being manipulated. Data examples are information about the origin of the food, factory information, storage temperatures and logistical information. AMB is a token that must be used to access the Ambrosus ecosystem. More specifically, the AMB token is used by three stakeholders: 1) customers who want to use the network to track, monitor and configure their supply chain data. 2) operators who want to run a master node on the network as a means of securing the network and ensure its proper functioning. 3) dApp and app developers who want to link some form of a financially stimulated application or tool to the Ambrosus blockchain, which can then be used by individual consumers or companies.

Read more

Company

Information

Coin info

  • 144591000
  • 361.477.438
  • # 448

Fundraising

  • ICO
  • 9/22/2017 - 10/22/2017
  • $32,500,000

Founders

Promotions

Latest news

Ripple's XRP Sales Down 73% in Q3 Compared to Previous Quarter

Ripple's XRP Sales Down 73% in Q3 Compared to Previous Quarter

19-10-2019 / 08:48
Read more
Crypto Derivatives: On Misleading Measurements

Crypto Derivatives: On Misleading Measurements

19-10-2019 / 08:03
Read more
Crypto Markets Turn Red Once Again, Bitcoin Price Hovers Under $8K

Crypto Markets Turn Red Once Again, Bitcoin Price Hovers Under $8K

19-10-2019 / 00:11
Read more
With 18 Million Bitcoins Mined, How Hard Is That 21 Million Limit?

With 18 Million Bitcoins Mined, How Hard Is That 21 Million Limit?

18-10-2019 / 21:00
Read more
Craig Wright: Either I'm Satoshi Nakamoto, or He Plagiarized Me

Craig Wright: Either I'm Satoshi Nakamoto, or He Plagiarized Me

18-10-2019 / 20:45
Read more
Price Analysis 18/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO

Price Analysis 18/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, LEO

18-10-2019 / 19:05
Read more
Crypto Firms Join Azure as Microsoft Fights Amazon for Market Share

Crypto Firms Join Azure as Microsoft Fights Amazon for Market Share

18-10-2019 / 16:41
Read more
Huobi Lira Onramp to Enable Crypto Trading for Turkish Users

Huobi Lira Onramp to Enable Crypto Trading for Turkish Users

18-10-2019 / 16:32
Read more
ACINQ Unveils Its '2nd Generation' Bitcoin Lightning Network Wallet

ACINQ Unveils Its '2nd Generation' Bitcoin Lightning Network Wallet

18-10-2019 / 12:25
Read more
Fake Tor Browser Steals Bitcoin From Darknet Users, Warns ESET

Fake Tor Browser Steals Bitcoin From Darknet Users, Warns ESET

18-10-2019 / 12:15
Read more
Fake Tor Browser Has Been Spying, Stealing Bitcoin 'For Years'

Fake Tor Browser Has Been Spying, Stealing Bitcoin 'For Years'

18-10-2019 / 12:03
Read more
Looming Death Cross Suggests Bitcoin May Be Nearing Price Bottom

Looming Death Cross Suggests Bitcoin May Be Nearing Price Bottom

18-10-2019 / 11:30
Read more
Bitcoin Is Already at 40% of Average Fiat Currency Lifespan — 10 Years

Bitcoin Is Already at 40% of Average Fiat Currency Lifespan — 10 Years

18-10-2019 / 11:15
Read more
Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures

Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures

18-10-2019 / 10:03
Read more
Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7

Bitcoin Has Failed But Global Stablecoins a Threat, Say BIS and G7

18-10-2019 / 09:10
Read more
Bitcoin Privacy Is the Only 'Big Question' for Devs, Says Poolin CEO

Bitcoin Privacy Is the Only 'Big Question' for Devs, Says Poolin CEO

18-10-2019 / 08:52
Read more
Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X

Binance Raises Max Margin, Leverage on Bitcoin Futures to 125X

18-10-2019 / 08:45
Read more
What to Make of the SEC's Latest Bitcoin ETF Rejection

What to Make of the SEC's Latest Bitcoin ETF Rejection

18-10-2019 / 08:30
Read more