Ambrosus is building a decentralized supply chain protocol connected with sensors. Their goal is to improve supply chains in industries where maintaining safety and security are important.

VeChain is developing a blockchain platform to add more transparency and efficiency to supply chains and interconnected devices.

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Company Description

Ambrosus is a blockchain-based protocol that tracks and secures supply chain data. Ambrosus uses a system of sensors to track individual items through their entire manufacturing and delivery process. Information about each item and its surroundings can be stored and transmitted to ensure the supply chain, guarantee quality, and prevent tampering. The system is fueled by the AMB token and smart contracts are used for counter-party agreements.

VeChain is a blockchain platform focused on supply chain management and the Internet of Things. It has a Proof-of-Authority consensus mechanism. VeChain was one of the first blockchain companies to partner with the Chinese government. The company is currently re-branding into VeChain Thor. The VeChain ecosystem is based on two tokens: VET and VeThor (VTHO)

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