Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Blockchain supply chain platform Ambrosus welcomes Oliver Bussmann as Strategic Advisor, raises $35M in ICO pre-sale

Ambrosus, the blockchain-based ecosystem for the supply chain, has announced that fintech expert Oliver Bussmann has joined as a Strategic Advisor.

President of Crypto Valley Association and Founder of Bussmann Advisory, Bussmann has served as Chief Information Officer for banking giant UBS and previously served in a Global CIO capacity for enterprise software leader SAP. He joins a host of industry experts on the Ambrosus Advisory Board including Jaron Lukasiewicz, former CEO of Coinsetter and Cavirtex bitcoin exchanges, Jehan Chu, founder of the Ethereum Hong Kong Community, David Wachsman, CEO of Wachsman PR, and David Drake, President of LDJ Capital. In addition, Parity will serve as Ambrosus’ Core Technology Partner.

“The Ambrosus project is a prime example of the inspiring innovation and cutting edge technological development currently being conducted in Switzerland. With a dynamic ecosystem of complementing technologies developed within and around the Ethereum ecosystem, Ambrosus has devised a bold rethinking of how global supply chains and markets could operate. By joining the Ambrosus Advisor Board, I am delighted to play my part in driving transparency in the food and pharmaceutical sectors, that will enhance consumer and economic well-being on a global scale,” said Bussmann.

Founded in 2016 by Angel Versetti and Dr Stefan Meyer, Ambrosus combines high-tech sensors, blockchain technology, and smart contracts to assure the quality, safety, and origins of essential products such as medicine and food. Headquartered in Zug, Switzerland, Ambrosus is officially endorsed by EIT Food and SQS (Swiss Quality and Safety Association) and has received financial backing from the Government of the Canton of Vaud, Switzerland. In addition, Ambrosus is the first blockchain project to become an official partner of the United Nations 10YFP Sustainable Food Systems Programme, which is responsible for the implementation of the Sustainable Development Goals.

“Given the enormous scope and far-reaching potential of our project, it’s vital for us to not only call on those with the technical knowledge, but also in-depth strategic expertise. Ambrosus is honored to welcome Oliver Bussmann as a Strategic Advisor. Recognized globally as a technology thought leader and a driver of change, Oliver’s unparalleled experience will be immensely helpful as we strive to transform traditional supply chains and commodity markets with multiple emerging technologies,” said Versetti.

Ambrosus separately announced that over $35 million USD had been raised in pre-sale for its token generation event (TGE). The Ambrosus token sale will take place from September 15 to October 14, 2017, where participants can use ETH and major fiat currencies to participate in the sale. The Amber token (“AMB”) conversion will occur at the token sale rate of 1 ETH = 1000 AMB which will be the price of Amber tokens at the public token sale on September 15.

FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.