The Ammeris Blockchain Foundation has launched the Ammeris Blockchain in a bid to breakdown the boundaries between the world of business and blockchain. The Ammeris Blockchain offers a green token economy that is complemented by a solution stack – the Ammeris Blockchain Stack – providing a platform for swift deployment of decentralized applications for organizations and businesses. Together, the Blockchain and Stack address many of the environmental, technical, economic, and consensus issues associated with existing approaches to distributed applications and provides the blockchain community with a set of powerful tools to create commercially viable applications.
The following document offers: 1) an overview of the Ammeris approach; 2) the challenges facing blockchain; 3) a high-level overview of the state-of-the-art Ammeris Blockchain Stack; 4) the monetary policy of the Ammeris Blockchain; and, 5) the role of the Ammeris Blockchain Foundation, which will act as a governing body with standing committees and the “Issuer” of the initial supply of Ammeris Coin within the Ammeris ecosystem.
VISION, MISSION, & STRATEGY | The Ammeris vision has been one to champion open, immutable, and transparent business interaction. By launching the Ammeris Blockchain platform for decentralized applications - one that follows the principles of the decentralized economy - the Ammeris Blockchain Foundation has been tasked with the mission of overseeing and building away from centralized, inefficient, and environmentally detrimental systems by offering a sustainable, interoperable, and ethical data ownership-driven ecosystem that balances between the traditional trade-offs of blockchain. The purpose of which is to enrich the lives and livelihoods of people around the world by availing them to meaningful and sustainable information technology through a platform that seamlessly links people, businesses, and governments together.
THE AMMERIS ICO | To ensure that the Ammeris Blockchain is a secure and economically viable platform for organizations and businesses around the world, it will be supported by a blockchain-native cryptocurrency: the Ammeris Coin (AMRS). The Foundation will sell an initial lot of 45,000,000 Ammeris Coin in an initial coin offering (“ICO”), with additional coins mined in 100% renewables-powered data centers across the planet (approximately 6,033,543 AMRS per annum) to accommodate network expansion. The cryptocurrency serves as the medium of exchange, reserve currency, and access/gas/fee token for the Ammeris Blockchain and Ammeris Blockchain Stack.
ABOUT AMMERIS | Ammeris is undertaking a quiet revolution that is enabling a level playing field for economic and sustainability goals, while building toward radical interconnectivity and immutability through the application of distributed ledger technology for the benefit of humans and the environment. Born from a Canadian, clean-energy, and decentralized mindset, Ammeris is a group of entrepreneurs, technologists, and financiers that are passionate about sustainable solutions to interoperability and trust issues, determined to illuminate a path forward using blockchain and wider decentralized technologies. The company is pioneering industry-specific applications in healthcare, trade, energy, and capital markets, has established the Ammeris Blockchain Foundation, and operates for-profit development, advisory, and asset management divisions geared toward offering blockchain client onboarding and management services.
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