Ambrosus became an associate founding member of the International Token Standardization Association (ITSA).
The Ambrosus Ecosystem provides an industrial grade blockchain and IoT platform for the digitization of physical processes across the global economy. Built for both enterprises and entrepreneurs, Ambrosus offers cutting edge IoT devices, alongside a robust blockchain-cloud infrastructure designed to holistically secure and manage data collected from the real world.
The International Token Standardization Association (ITSA) is a Berlin-based association of German law with more than 100 associated founding members. ITSA is a non-profit organization and special interest group aiming at the development and implementation of comprehensive market standards for the identification, classification, and analysis of cryptographic tokens.
So far various reputable organizations have already committed to join ITSA as associated founding members, reaching from corporates (e.g. Commerzbank’s Main Incubator, Bank Frick, MME, Börse Stuttgart) over associations (e.g. Bundesverband deutscher Banken, the German Investment Funds Association BVI), startups (e.g. Cashlink, solarisBank, CryptoTax, and Ambrosus) and universities (e.g. Frankfurt School of Finance and Management, University of Mainz, TU Munich, Hasso Plattner Institute or UCL Centre for Blockchain Technologies in London) to private members (one of the co-creators of the ERC20 standard).