When many people hear the word blockchain they think it’s just another buzzword, but Ambrosus is one of a few blockchain projects with a real use-case solving real issues. The company is also one of only 15 companies in Europe selected as Rising Food Stars by the European Institute of Innovation and Technology (EIT). The official EU Body for innovation and technology.

Ambrosus is a decentralized IoT network for next-generation supply-chains. The company is building a universally verifiable, community-driven ecosystem to assure the quality, safety, and origins of products using blockchain technology. The primary focus is on improving supply chains for life-essential products, specifically food and medicine, although the protocol can be applied to almost any complex supply chain.

Architecturally, our eco-system will allow businesses to seamlessly connect with one another, in order to improve supply chain efficiency, transparency, and security.

Ambrosus is building an ecosystem where blockchains can talk to sensors to assure the quality of products. Data integrity, digitalization of supply chains and blockchain-ready hardware are our specialties. Thanks to the open-source and community-driven development of our independent distributed platform Ambrosus Network (AMB-NET), Ambrosus enjoys a rapidly growing number of applications, tools, and solutions. The accompanying digital token Amber (AMB) serves as the fuel powering the ecosystem and community.

Founded in 2017 by Angel Versetti and Dr Stefan Meyer, Ambrosus seeks to set the global standard for decentralized supply chain management and provide quality assurance in enterprise IoT ecosystems. With offices in Switzerland, Ireland, and Estonia, Ambrosus boasts partnerships with significant global bodies and associations including the United Nations 10YFP, the Crypto Valley Association, Swiss Food Research, Enterprise Ethereum Alliance and Swiss Coffee Alliance.

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Angel Versetti is the CEO, and Co-Founder of Ambrosus. Prior to Ambrosus, Angel was the Founder of Versetti Ventures a VC Advisory Firm that became one of the pioneers of cryptocurrency investing. His earlier career was at the United Nations, where led projects and research at UN Trade & Investment Division, UN Nuclear Disarmament Committee, UN Department of Technology & Industry.

He also worked at Bloomberg, World Resources Forum, Google and is a regular speaker on technology, innovation and global development, having spoken at over 100 premier events, including Vatican, Davos, Paris COP21 and others. I chat with Angel Versetti, CEO, and Co-Founder of Ambrosus about his vision and bringing efficiency, transparency, and security to global supply chains.

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