This Piece is an introduction to the Ambrosus Marketplace written by Ambrosus Lead Blockchain Developer and Marketplace architect Marek Kirejczyk.
As we develop Ambrosus protocol, we build prototype applications to showcase and test its usage. Today we are presenting our new application — Ambrosus Marketplace.
Ambrosus Marketplace is a dapp that allows trustless wholesale food trade over the internet. Buyers and sellers from all around the world can meet and make trade agreements. Two things that differentiate our market for all other online food markets are:
Measured quality. Items on the market have a smart contract attached to it that stores measurements from IoT devices recording information about particular food batches during sourcing, production and/or distribution stages. The quality, storage, and transportation conditions are visible.
Automatic settlement. The smart contract based agreement automatically ensures that payment condition is meet. If package reach destination and the requirements about quality are met, payment is released. If there is an issue with quality or delivery payment a decision to make a payment is up to the buyer. There are also options to pre-code partial refunds if quality is below the agreed one, but still acceptable to the buyer.
The agreement is doing an escrow with stable tokens (e.g., EUR stable token that represents EUR).
Make sure you are running in ethereum browser (MetaMask, Mist or Parity plugin with Chrome). You can test it on any etherum network, however, recommend one of ethereum test networks Kovan or Ropsten. If you would like to browse our existing demo market, you need to run on Kovan. If you would like to create new markets, add offers or do any modifications to the market, you will need test ether.