Ambrosus, a leading blockchain and internet of things platform that aims at promoting quality assurance standards in the pharmaceutical industry, launched its mainnet. The mainnet, called AMB-NET 1.0, allows companies to record publica and private supply chain data on its blockchain. The data will then be used to promote the quality of products.
The safety of products will be safeguarded by the platform’s features, which include universally verifiable, community-driven ecosystems. All of the information that appears on the system is on real-time as well. Organizations that use the mainnet can record data on the Ambrosus Network while using the AMB native token.
According to Angel Versetti, the CEO and Co-Founder of Ambrosus,
“The supply chain industry to date has been subject to the limitations of human error and antiquated record-keeping system. 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.”
The platform functions on a masternode system, called the updated Ambrosus Application Programming Interface (API). The masternodes are necessary for high-quality service and uptime for com panies. Further, the system allows network device sensors or applications to send their information to the platform. The data is verified and protected in the process. And, for companies that are looking for an economical option, then this certainly meets the need. The cost of data storage is defined and tied to the financial value that the company experiences.
To ensure that there is a seamless and efficient interaction with IT systems of existing business, the AMB-Net 1.0 will constantly provide updates. The AMB-Net 1.0 also provides functions such as designation of asset identity, tracking storage, and transportation, delivery and assets’ temperature conditions. These qualities take place through the life-cycle of the supply chain.
Better yet, the Ambrosus will continuously work to improve various areas. For example, the platform mis looking to build a sensor laboratory with progressive hardware sensors and 3D printing. According to Dr. Vlad Trifa, Ambrosus CPO,
“Ambrosus has set the standard for innovation emerging within the supply chain industry, developing a particularly disruptive and forward-thinking solution to its current issues. The AMB-Net brings increased transparency and assurance to consumers about the quality of everyday products they consume, such as food and medicine.”
The system caters to anyone with a smart device and it enables them to build dApps on the Ambrosus network using a supply chain interference application. The personalized dApps also allows users to trace assets and events throughout the network. On the consumer end, they will have the opportunity to scan products at their local store to determine its quality and source. This is perhaps one of the most interesting and unique features for consumers and it is all part of the innovation transforming the multi-trillion and global supply chain industry.