Ambrosus - Swiss startup aims to use blockchain to solve food supply chain problems

Yes, you heard me right.

Launched last week, Ambrosus is a Swiss startup that has been working on the project for over a year now. The company is building its solution over Ethereum protocol. According to the company, the platform makes use of sensors and smart contracts over blockchain protocol to create a publicly verifiable, community-driven ecosystem to assure the quality, safety and origins of food.

The sensor systems used by Ambrosus includes a combination of robust sensors, biosensors, and food tracers. These sensors are capable of accessing and monitoring real-time data including physical attributes and its surroundings. These sensors work with unique ID, smart tagging, and anti-tampering mechanisms.

The native tokens on Ambrosus, Amber acts as the fuel. As the platform continues with the development, it has announced its plans to start an ICO. The ICO is expected to begin sometime during the month of September 2017.

If you enjoy my news, please upvote and follow!