The Future of Quality Food and Medicine with Ambrosus

In this blog post, I'm going to talk about Ambrosus, a platform that leverages the combination of blockchain technology, IoT and sensors to track every step in the supply chain process.

Your Body is a Temple!

As a consumer, wouldn't it be nice to know the origin of what it is you're about to ingest into your sacred body, and what went in to making it? Or, to be confident that it has adhered to the necessary health and safety standards, required so that it's safe to consume?

Ambrosus' primary focus is food and pharmaceuticals, to ensure the quality, compliance and proper handling of life essential products via supply chains. What better trust of transferring information securely and transparently, is there than blockchain? ...None.

Vitalik Buterin says it well:

An Accountable Ecosystem

What Ambrosus have created is a system that updates the network at each and every stage of a products manufacturing and handling, by the scanning of real-time sensors attached to a product. These scanners measure a products time, location and environment (temperature, humidity, light etc) which can be traced at any time by all parties within the ecosystem.

By tracing a products handling and history, holds everyone in the process accountable and assists in identifying inefficiencies and improvements that can be made within a network. Say, if a product had to be recalled due to a health and safety risk, the problem could be identified, therefore saving a lot of unnecessary hassle from the parties who had no part in the error (not to mention time and money).

Reduce Costs, Fraud & Error

Mislabelling, whether unintentional or fraudulent costs the US $55 billion per year. Similarly, in the pharmaceutical sector, there's 200,000 people dying every year from counterfeit or poor quality medicine. With the implementation of the Ambrosus protocol in the supply chain industry, will see enterprises and their consumers gain a new level of insight into the products they provide and consume.

The Swiss based company is already being received well, with support from some of the most incredible partners who will be implementing the protocol throughout this Q4, 2018. To further perfect and iterate the system to ensure the blockchain solution is enterprise-ready by the end of year.

Moving into 2019, the Ambrosus team is full steam ahead with exciting research and development collaborations and further innovations to be explored.

More info @ https://ambrosus.com