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Cardano Blockchain Will Ensure The Quality Of Georgian Wine

source-logo  cryptonews.net 16 September 2022 13:49, UTC
Anna Martynova

The Cardano Foundation has announced a partnership with the National Wine Agency of Georgia. Cardano blockchain technology will be used to ensure the consistently high quality of Georgian wine. The organization will develop a "creative" and "cost-effective" certification and traceability system together with the Swiss platform Scantrust.

The pilot program will include 100,000 bottles of wine bottled next spring in Bolnisi, a city in the Kvemo Kartli region. Consumers will be able to verify its authenticity with a unique QR code. According to Levan MEKHUZLA, chairman of the National Wine Agency, Cardano's technology enables supply chain tracking at scale.

The idea of ​​eliminating wine counterfeiting with blockchain is not new. Last year, the Georgian government partnered with Norwegian blockchain company WiV Technology to issue non-fungible tokens (NFTs) for its wine. In 2018, venture capital firm Medici Ventures acquired a stake in wine tracking company Vin-X.

Image: The Constant Revolution