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Ambrosus – A New Blockchain Startup Launching with The Help of Ethereum co-founder

Published 1 year ago by oliver wood

Ambrosus – A New Blockchain Startup Launching with The Help of Ethereum co-founderThe food industry is warming up to blockchain, thanks to the likes of Ambrosus. According to Ambrosus’ website, the company aims to use cutting-edge technology to improve the food supply chain: “Combining high-tech sensors, blockchain protocol, and smart contracts, we are building the world’s first publicly verifiable, community-driven ecosystem to assure [sic] the quality, safety, and origins of food.” Ambrosus is built on the Ethereum blockchain, and Ethereum co-founder Gavin Wood’s Parity Technologies is its core technology partner. Parity’s co-founder Jutta Steiner joins Wood as a technical advisor for Ambrosus. Despite the bad timing of this Parity news, Ambrosus co-founder Angel Versetti appears optimistic about the potential for his company’s technology to push Ethereum into a largely untouched industry: “The combination of the maturity of the technology and the brainpower and creativity of participating actors provides a unique and clear opportunity to build a bridge between Ethereum and the food sector.” Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full
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