Unveiling Ambrosus: The Blockchain Powerhouse Behind AIRDAO
Within the crypto ecosystem, there are many possibilities for investment. There are many interesting sectors, but there is one that is special, within the new ecosystem, of this new technological economy.
Let’s not forget that blockchain technology is revolutionizing various industries, from finance to supply chain management. It’s often associated with cryptocurrencies like Bitcoin, but its applications extend far beyond digital currencies. In this article, we will delve into what a blockchain is, how it works, and its potential to transform the way we conduct transactions and maintain records.
Today I would like to talk about Ambrosus, which has recently changed its commercial name, although it maintains its ticker/investment symbol at AMB. But first let’s write a few words about what blockchain is.
What is Blockchain?
At its core, a blockchain is a chain of blocks, where each block contains a list of transactions. These transactions are verified and added to the chain through a consensus mechanism, typically proof of work (PoW) or proof of stake (PoS), depending on the blockchain’s design. Once a block is added, it becomes permanent and cannot be altered, ensuring data integrity.
How Does Blockchain Work?
Decentralization: Unlike traditional centralized systems, blockchain operates on a decentralized network of computers. This means that no single entity or authority has control over the entire blockchain, making it resistant to censorship and fraud.
Transparency: Transactions on a blockchain are visible to all participants in the network. This transparency enhances trust and accountability.
Security: Blockchain uses cryptographic techniques to secure data. Each block contains a reference (hash) to the previous block, creating a chain of interlinked blocks. Changing the data in one block would require altering all subsequent blocks, a computationally infeasible task.
Consensus Mechanisms: To add a new block, participants in the network must agree on its validity. This is achieved through consensus mechanisms, which vary between different blockchain platforms.
Ambrosus / AIRDAO
Ambrosus is a blockchain that operates on the Internet of Things (IoT) platform. It was originally built on the Ethereum blockchain as part of supply chain management. Its goal was to optimize the food and pharmaceutical industries through blockchain technology and IoT devices. Some of these devices are high-tech sensors, others are encrypted anti-tamper mechanisms. There are also smart contracts and blockchain protocols that help create a secure ecosystem of a supply chain. This means that both distributors and consumers can track, store and transmit the flow of products.
AirDAO is the new DAO governing the Ambrosus Network. Our mission is to make Web3 accessible to all, with easy-to-use interfaces that focus on putting the user first.
In the previous image, we can see the Ambrosus Network, a Layer-1, proof-of-authority blockchain. With its three main components: blockchain layer, public data storage, and gateway layer.
Ambrosus is optimized for the future of Web3 with AirDAO.
Many changes since this ecosystem was born, and below we will analyze its super chart, to identify if we are already in a possible good moment, after the crypto winter, to take action, and decide on the investment, remembering that if you do not have experience in investment crypto, talk to your trusted financial advisor first.
TA for AMBROSUS (AMB)
If we look at the AMB chart below, we can see a trend reversal, where the price had falling highs and lows and now… it is doing just the opposite. It is a kind of rounded plate and the theory, which as I always say is theory and must be followed, should push the price upwards, perhaps very upwards.
Good luck with your investment decisions or consult with your trusted financial advisor, as I mentioned before.
Happy Monday !