AMB WTC VEN

The only way to true security angainst attacks is decentralization and open source protocols and code.
When incentive to hack into sth is too strong, people will find a door in and crash it.
Data is not keyed in by manufacturers (this is a database and doesn't work for consumer safety and trust purposes).
Sensors do all the work automatically.
Design is open source so people can check integrity.

Companies pay for data upload, priced in supply-chain management costs. Pretty cheap solution too.
Shit has always been costly and can be improved by blockchain obviously.

Nan now has the choice to buy another brand of berry. She could also check if they were stored above 15 degrees celsius or in direct sunlight for instance, which is what AMB and other s-chain tokens will be used for.
Can't accomplish it without blockchain. Already happening and doesn't work for the purposes explained before.

Weak is the fud today.

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so you couldn't just put the sensor in the fridge and leave the food out, right?

Grandma safe?

You can't be that dumb

another question plz

are sensors just going to be installed inside the food to avoid any tampering?

the ledger its self may be reliably protected from any misuse if it is decentralised, but what is motivating people to pay for this sort of scrutiny, and if it's to give consumers confidence similar to submitting yourself to an audit, what's to stop them from gaming the system anyway if it is cost effective to do so.

How does it give me any more assurance than previous that my food is safe, other than another illusory check and balancing system causing the price of my goods to rise to pay for it for no good reason.

Sealed pallets with sensor tracking (including location obviously so that it doesn't stay in the fridge kek).

Maybe sealed medium containers for when the goods are to hit the shelves.

Tracking pallets has always been part of supplychain economy, it just appears to be more cost effective using a blockchain because of cost reduction.

It will not cost the consumer a dollar in terms of price of goods, but concerned ones will be able to spend a few shekels in AMB at the store to check what's important to them.
At a minimal cost

supposing all of that is realistic and foolproof why would the cost of doing this not be passed onto consumers? Unless AMB (I'm assuming AMB is some blockchain developer) is doing all of this for free and only charging consumers a few shekels to access the data they have been farming, is that the plan?

Why is this new blockchain method more efficient and actually reducing costs over whatever other methods can be used to do this? What efficiencies have been gained by switching to the blockchain for this, when generally blockchain solutions come with extra processing times and more risk management in terms of protecting yourself from a 51% attack or the like.

You can put sensors in your shit today and collect this data automatically into some database I'm assuming, why have a third party other than for assurance, which usually comes with a cost to the person requesting their goods are assured.

I look forward to seeing the blockchain prove to be valuable in some way, but it's been 10 years now, it's looking doubtful.

Don't have much time so i'll make it quick, you can educate yourself on blockchain if you wish to know more.

>supposing all of that is realistic and foolproof why would the cost of doing this not be passed onto consumers?

Consumers would have to pay in AMB to access the data they're interested in. So yes in a way they charge money for providing this service, which is pretty basic economics.
They'll probably be a user growth pool granted free AMB to customers on a regular basis. Check BAT for instance. Then plenty of partnerships like buy a carton of baby milk powder and get 100 amb for free. CHeck your baby milk for a month for free and shit.

>blockchain solutions come with extra processing times and more risk management in terms of protecting yourself from a 51% attack or the like.

By having the corporation holding some very large nodes to emit the data and protect it from attacks. Hashes of those data can be accessed on public nodes for a few shekels in AMB by whoever wants to check it.
So I get your concerns but it has been thought of and adressed already.

>blockchain solutions come with extra processing times and more risk management in terms of protecting yourself from a 51% attack or the like.

Consumers trust at an all-time-low, especially on sensitive products like baby milk or pharma goods.
Companies are supposed to provide us with valuable inof about the safety of their goods, yet they don't. And having a third party solution not tied to ONE manufacturer is amazing in terms of marketing. A bit like those "product of the year" stickers that bear objective value to the consumer.

The idea of blockchain has been ushered 10 years ago, smart contracts 36 months ago, supplychain tokens less than a year ago for the major ones.
Give it time ffs

You might be the dumbest person on this board. Do you know how to deceminate facts from an unlimited collection of information? Hint: use Google tard-o

Ok I can go with you this far and believe it all, but even if AMB were to realise their goals and actually be able to provide this service, if their plan is really to bear all the costs until enough consumers are paying for this data they won't see a profit for at least another 5 years.

That's without considering their various business risks, such as their tech being based on something open source and thus easily imitable.

good luck to you

It's interesting because it's not the usual dumb fud.

Many anons are wondering about these kind of issues too.
They deserve answers. Now when a wild fudjeet appears just deal with it as you would with a tripfag or so

Factor in asset appreciation
Add proprietary sensor tech to open-source security
Price based on volume of goods, probably sth like 0.01% of total price of purchase.

As for the risk, investing is all about weighing risk and reward ratio. Wouldn't go all in but can dedicate a chunk of my portfolio to AMB at those prices and still sleep like a baby. :)

good luck too, plenty of other projects are cheap this month if you're not too much into supply-chain tokens

The sensor tech comes with the same issue. Tech in general is easily imitable, these sensors already exist, it is just modifying them to send data in the manner accepted by their blockchain solution.

What assets do they have that would appreciate in value other than intangible assets of questionable value (what makes this particular flavour of blockchain so valuable that it would grow in value). They are more at risk of asset impairment than asset appreciation.

It is just a ledger that logs activity sent to it by internet connected devices, unless they have exclusive rights to the entire blockchain code, I don't see how the technology can appreciate in value.

With all of that out of the way, it is also questionable as to why even if you believed all of this, would want to buy a token that entitles you to sell it to the next person for more or less and that is it. Unless they have specifically stated otherwise, I'm assuming those tokens are just tokens and nothing else, they do not represent ownership over the companies assets or rights to any economic benefits received by the entity, you don't even get a thank you letter and a vote at the AGM I'm guessing. And when shit hits the fan you will be out on your ass worse than when companies get liquidated and you gotta get in line behind the creditors.

My last post, I did not come to biz to have a real conversation

Bye !

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This,

I don't think blockchain is that great of an idea outside of fintech. An IOT connected sensor which writes to a centralized database is just as good as a blockchain for supply chains.

This also explains why all supply chain projects are so scammy.

Fudjeet samefagging live.

Check those sell walls moving up, accumulators thinking this would go to 2k are going to get rekt

neslte my bets anyway

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I think they'll be one of the lasts to join the party rather.

Big players need to see smaller companies not fail first, while having still some kind of ties to the project so they can jump in anytime and surprise big rival corporations.

So maybe NEstlé but maybe not in 2k18

Chadsetti said they only work with medium to large companies at the moment

That make sense, I have to say I believe Ireland to be a very good testing ground form a AMB mainnet tests.

Nestlé has never been seriously considered , it was mainly reverse-shill on Jow Forums
Coffee was a promising sector I figured, since it's a major commodity in today's economy strangely. Versetti stated coffee was being under study. Pretty easy to keep track of also, the way it's shipped and all.

Ven/vet is the best now as they have a gas coin called vtho now. Just grab a bunch and leave it on binance and make money.

AMB is the only supply coin that has POC's with real companies. AMB's POC's are the most likely to turn into partnerships and ACTUALLY BE USED aka real adoption of blockchain technology in a supply chain and its why it gets fudded to shit by 1.) people filling up their bags 2.) the desperate bagholders that fell for china hustle scamcoins.

i don't see why biz can't see this... or maybe they can and they fud it because they fall into either of the categories.

Wait until Jow Forumslets are shaken out of this one, it's gonna be epic desu

all these china hustle supplychain scam coins are TANKING and will eventually exit scam. meanwhile Ambrosus slowly and carefully works on actual adoption with REAL companies. it may take a while or it may come sooner than expected but the tsunami of salty biztard tears is going to be glorious.

very fucking comfy.

Sellers be shitting theirs pants rn
stretching those candles as hard as they can
feels comfier than ever

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AMBlets will always have the last laugh.