Ambrosus: Masternodes onboarding process, shaping of the EU blockchain initiatives via INATBA, ecosystem expansion and open-source code adoption

Paradigm
Paradigm
Jun 17 · 10 min read

Biweekly update 3rd June — 17th June

“The technical team intends to secure onboarding of 1,000 Apollo and Atlas Masternodes in the coming six months!”

We suspended watching Ambrosus for a while, but the progress of the latter is perceptible as always. During the last two weeks, AMB team worked towards strengthening the overall potential for the project to achieve both decentralisation and adoption — there are already 19 Apollo, 6 Hermes and 63 Atlas nodes. 10th June progress update represents that the other developer teams within Ambrosus have continued to upgrade and maintain the Ambrosus Network with important fixes and enhancements. Moreover, Ambrosus’ recent significant occurrence: a group of rising entrepreneurs from Belgium have successfully created a customised dApp for a local meat producer from their area. The underlying message from Ambrosus regarding these types of activities is one of decentralised access: no matter your background or experience level, Ambrosus provides the tools and infrastructure for you to bring your projects and business ideas to life. Besides, Ambrosus is actively shaping the EU blockchain initiatives via INATBA. The expectation of Ambrosus is to participate in the coming months in the further development of initial standards and policy for this working group and to promote Ambrosus ecosystem. Ambrosus Innovation Lab works on boosting global adoption of AMB-NET. All the processes happening in the company seem to be coherent and cohesive. Community is active in Telegram chat and on Twitter. Nevertheless, there is a slight decrease in the number of followers among their social networks. Look on the bright side with Paradigm!

Development

GitHub metrics
Developer activity (from Coinlib.io)
  • Ambrosus becomes a true blockchain ecosystem. Follow Vlad’s new project and welcome Nicolas to Ambrosus crypto adoption. The world’s first blockchain and IoT platform is ramping up. Close cooperation between AMB-NET core team working on the blockchain protocol with the newly created team working on solutions will permit each team to focus on their own area and work collaboratively, yet fully independently, from each other to achieve distinct objectives: AMB-NET will aim to ensure performant, secure and scalable core blockchain protocol and cryptoeconomic model, while the solutions team will be responsible for building software, apps and solutions on top of AMB-NET and other elements of Ambrosus Ecosystem, strengthening the overall potential for the project to achieve both decentralisation and adoption.
  • Join Ambrosus on the road to decentralization, using their explorers:

test-net explorer

main-net explorer

  • Great progress report from Ambrosus team: the growth of AMB-NET continues, as more masternodes / network participants are onboarded. Also, Ambrosus is actively shaping the EU blockchain initiatives via INATBA.

Network fixes and improvements:

While Masternodes have come to life on AMB-NET, the other developer teams within Ambrosus have continued to upgrade and maintain the Ambrosus Network:

  1. All system components on all three Networks (Main, Dev, and Test) have been upgraded
  2. Significant crypto-economic testing has accompanied masternode onboarding and helped enhance future planning
  3. Information pages on running an Atlas Masternode have been compiled, with only final edits and additions remaining
  4. The Deterministic Moving Pointer (DMP) smart contract has been successfully implemented on the Atlas Masternodes live on AMB-NET
  5. A number of small fixes on the Ambrosus Bridge UI have been made, while more technical fixes have been made to ensure a quicker conversion rate.

Ecosystem expansion and open-source code adoption:

  1. In light of the previous ecosystem growth special, released in the progress report two weeks ago, Ambrosus would like to announce very positive feedback from across the industry: The recent ecosystem growth report has attracted the attention of other automotive ‘part’ manufacturers, including one of the most prominent and well known in Europe. Their specific interest, at this time, revolves around utilizing the Ambrosus platform in tandem with its IoT devices to track shipments of parts to their factories! This is ultimately based upon the lack of trust in the type and quality of materials often sourced in the industry.
  2. Entrepreneurs are welcome to participate as well. With the in-depth report undergoing final design edits, the Ambrosus Ecosystem Incubator is bustling with activity.
  3. The Ambrosus growth team has been working with a new partner in the Southeast Asian region. This partner has been developed based upon previous projects Ambrosus has done in the dairy industry in Switzerland. While only limited information can be revealed at this time, the important takeaway is that Ambrosus is quickly expanding its scope beyond Europe to the vast and opportunity-packed region of Asia.

INATBA time:

The focus of the most recent INATBA meeting, in June, was on setting parameters and roadmaps for the organizations’ future growth over the next six months. Most importantly, the June INATBA session confirmed that 45 new applications from blockchain related entities are on track to be checked and eventually approved. The organisation is therefore growing extremely quickly, with such interest indicative of the legitimacy and future potential of INATBA.

For Ambrosus, the INATBA meeting was very much a confirmation and continuation of what had previously been established: Ambrosus is officially 1 of 10 select entities who are guiding the direction and evolution of the Supply Chain Working Group (SC-WG). The expectation of Ambrosus is to participate in the coming months in the further development of initial standards and policy for this working group and to promote Ambrosus ecosystem. More specific goals have been set within the group and in relation to INATBA, of which Ambrosus has remained very active. In the coming months, calls, documents and further collaboration is expected from the various members as the SC-WG gets off the ground!

  • Great news ahead of the weekend: Ambrosus is onboarding a new wave of dozens of Ambrosus community Apollo’s and Atlas’es to AMB-NET, while a new Asia-based Hermes will be fired up next week, doubling the bundle generation volume!

Ambrosus is entering a new phase of Ambrosus decentralisation that will permit Ambrosus ecosystem to be self-sufficient, community-driven and free from any central point of command and control. As they are preparing to onboard several waves of Masternodes onto the network that aims to create a market-driven balance of participants incentivised by rewards from the smart-contract-based system, it is time to reveal the progress on the IoT side of Ambrosus Ecosystem and all the achievements of Ambrosus Innovation Lab that is working on boosting global adoption of AMB-NET. As a seminal building block of AMB-NET, AMB-TRACE refers to the sensors, devices, and gateways developed and used by Ambrosus in collaboration with industrial manufacturers, to create a secure and dependable means from which data can be collected from a specific environment and transmitted to a Hermes Masternode on the network.

AMB-TRACE is structured in such a manner whereby sensors are integrated with intelligent devices or a central gateway before all of such data is directed towards a Hermes Masternode via the gateway modules.

Ambrosus Gateways themselves are certified to securely transmit and organize data from the various sensors and devices deployed at both static and dynamic inflexion points. Oftentimes, this process entails the use of big data analytics, as well as artificial intelligence and machine learning so as to ensure optimal data transmission to the client companies and App developers.

The following 5 characteristics define the InnoLab’s Gateway Development:

  1. Marking and Identification: Ambrosus Gateways transmit a unique ID for specific products through the use of serial numbers, 1D (barcodes) and 2D codes as well as Quantum Inks.
  2. Condition Monitoring: Ambrosus Gateways configure and transmit certified data surrounding conditions at various points of the supply chain: temperature, GPS positioning, humidity, movement (shock), and light.
  3. Quality Assessment: Ambrosus Gateways are capable of authenticating sensors that perform non-invasive analysis on product compositions and structures.
  4. Static Sensor Networks: Stationary Ambrosus Gateways efficiently secure and transmit data from field stations, smart farms, and any other related sustainable environment used by producers.
  5. Integrity Assurance: Ambrosus Gateways check the integrity of all data sent to AMB-NET. This pertains to the physical packaging on the product, the electronic storage of product data, and the quality of data transmitted via various sensors deployed in the field.

Importantly, every gateway is made up of 3 fundamental components: an entry module, a proprietary electronic, and a communication module.

Social encounters

  • Angel Versetti tweeted: “I proposed, and we have just agreed with the new dev group for scaling Ambrosus Network, on a major milestone — for $AMB-NET to have 1'000 masternodes within 6 months.”

Upcoming events:

  1. 24–26 June — Crypto Valley Conference 2019 — Zug, Switzerland — Speaker: Angel
  2. 2–5 July — Tech Open Air — Berlin, Germany — Speaker: Angel

Roadmap

According to Q&A:

At some point between these first two dates, new documentation will be released relating to a unique and fully-functional IoT solution, as well as more detailed insights into the Ambrosus Edge Gateway itself.

The Ambrosus developer team will intensively test Atlases running on the newly updated AMB-NET. Therefore the next one to two weeks will be dedicated to testing the new DMP algorithm on TEST-NET. If that works as desired, a final test will take place on AMB-NET, after which Wave 0 Atlases will go live. If all goes according to plan, Atlases should begin onboarding by the middle of May.

By the end of June, a selection of core components of the Ambrosus Ecosystem involving IoT devices, Edge-Gateways, Hermes Masternodes and communication protocols, as well as the Ambrosus Network with accompanying Atlas and Hermes Masternodes will be fully-operational and functioning. Developers will be able to build robust applications utilizing all of the components of the Ambrosus Ecosystem, while entrepreneurs will possess all of the tools, required documentation, and information on collaborating with Ambrosus, in order to be successful in building and scaling real-world solutions.

Horizon Development

  1. Masternode onboarding will continue at a consistent rate, with new operators being invited to join the test-net before accessing the main network. In the meantime work will continue on the main-network architecture, the bridge and the explorer as well as with regards to a number of demo applications approaching completion!
  2. Stand by for more updates regarding industrial applications, as well as the long awaited Ambrosus for Entrepreneurs complete guide!
  3. With a busy schedule for the coming months, the Ambrosus team will continue to post updates for the community as Ambrosus INATBA and the Supply Chain Working Group continue to evolve

Rumors

  • Ambrosus brand new flash mob:)

Partnerships and team members

  1. In order to optimize the usability and functionality of the open-sourced Hermes Masternode for enterprise business development, and ensure that all current and future clients can seamlessly manage and write data onto AMB-NET, today Dr. Vlad Trifa is transitioning from the role of CPO of Ambrosus to being the Founder of an independent enterprise-grade solution on top of the open-source code of Ambrosus Network (AMB-NET).,
  2. For the development of the core Ambrosus blockchain, onboarding of masternodes, the crypto-economic architecture, and upcoming sidechain infrastructure a new Chief Blockchain Officer (CBO) is announced. CBO, together with his technical team, will be responsible for the core blockchain-network and scale up of AMB-NET ecosystem going forward: Igor Stadnyk. (More concretely, Igor and the rest of the Ambrosus developer team will be working full time to bring to life the first 1,000 masternodes onto AMB-NET, as well as the entire sidechain infrastructure, and the different token-based projects currently under development.)
  3. Ambrosus announced another new team member who has been working very hard behind the scenes on enterprise business development and cryptocurrency outreach: Nicolas Ardies

Finance

Token holders and the number of transactions dynamics (from Etherscan.io)
Source: coingecko.
Source: coingecko.
Source: coinmarketcap

Social media metrics

Social media activity
Social media dynamics
Social media dynamics

The graph above shows the dynamics of changes in the number of Ambrosus Facebook likes, Reddit subscribers and Twitter followers. The information is taken from Coingecko.com.


This is not financial advice.

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Paradigm fund

Paradigm is a family office fund investing in crypto space since 2013. We are a group of industry experts & crypto enthusiasts consisting of PhDs and graduates from the top universities with experience in creating startups, trading on traditional financial markets and blockchain

Paradigm

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Paradigm

In chaos lies the truth

Paradigm fund

Paradigm is a family office fund investing in crypto space since 2013. We are a group of industry experts & crypto enthusiasts consisting of PhDs and graduates from the top universities with experience in creating startups, trading on traditional financial markets and blockchain