The Cardano Basis has introduced a partnership with the Nationwide Wine Company of Georgia. Cardano blockchain know-how will probably be used to make sure the constantly top quality of Georgian wine. The group will develop a “inventive” and “cost-effective” certification and traceability system along with the Swiss platform Scantrust.
The pilot program will embody 100,000 bottles of wine bottled subsequent spring in Bolnisi, a metropolis within the Kvemo Kartli area. Customers will have the ability to confirm its authenticity with a singular QR code. In response to Levan MEKHUZLA, chairman of the Nationwide Wine Company, Cardano’s know-how allows provide chain monitoring at scale.
The concept of eliminating wine counterfeiting with blockchain isn’t new. Final yr, the Georgian authorities partnered with Norwegian blockchain firm WiV Know-how to subject non-fungible tokens (NFTs) for its wine. In 2018, enterprise capital agency Medici Ventures acquired a stake in wine monitoring firm Vin-X.
Picture: The Fixed Revolution