Ambrosus to Release Private Alpha Network

Private alpha network run of Ambrosus will be held on February 14 on Hackathon at ETH Zurich (BIOTS) specifically  for the program participants
15 February 2018   2048

Ambrosus aims to build a universally verifiable, community-driven ecosystem to assure the quality, safety and origins of products, combining high-tech sensors, blockchain protocol and smart contracts.

In the beginning of February, Ambrosus has announced that it will be the sponsor and mentor at the upcoming BIOTS 2018, which will be held at the Swiss Federal Institute of Technology, ETH Zurich from 12 to 16 February 2018.

Ambrosus NetworkAmbrosus Network Demo

Blockchain and IOT School Hackathon will bring together students from both ETH Zurich and all over the world to learn, and build demonstration pilots over three major verticals: Energy, Agriculture and Urban Life.

Angel Versetti, the Chief Executive Officer at Ambrosus, reported that the AMB-NET is now ready for early public tests after months of hard work. The private Alpha Network run will be held on Hackathon at ETH Zurich only for program participants on February 14, 2018.

The public release of AMB-NET Alpha is planned for 26 February 2018.

At the moment of press, these are main market parameters of Ambrosus:

Average price: $0,558009
Market cap: $80 683 065
24h volume: $1 167 900

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Eidoo to Release Gold Backed Stablecoin

New stablecoin is called Ekon and it will be possible to it for one gram of gold of 999 test
20 September 2018   252

The Swiss blockchain start-up Eidoo has joined the ranks of projects launching own stablecoins, announcing the creation of a stable coin tied to the price of gold.

Eidoo's stablecoin is called Ekon and is a token compatible with the ERC-20 standard, which will be available in a multi-currency purse and on a hybrid decentralized project exchange. It will be possible to exchange 1 Ekon for one gram of gold of 999 test, which is in a special storehouse. Reserves of gold will be audited every 90 days, moreover, to increase confidence in the token, the company promises to be able to watch gold vault via a video camera.

The profit from the purchase and sale of Ekon within the Eidoo ecosystem will be converted into a native EDO project token.

Despite the uniqueness of the offer of the Swiss start-up, not all experts agree with its usefulness, since the price of precious metal is not so stable. So, for the last six months it has fallen by almost $ 150, however it has grown by $ 25 since the end of August.

In October 2017, Eidoo raised $ 27.9 million in a token, and in April of this year received a license from the Swiss Financial Services Standards Supervision Authority (VQF) under the national financial regulator (FINMA).