Blockchain

Cardano Blockchain to Ensure Quality of Georgian Wine


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Alex Dovbnya

The Cardano Foundation will develop a traceability system for controlling the quality of Georgian wine

The Cardano Foundation has announced a partnership with the National Wine Agency of Georgia.

Cardano’s blockchain technology will be used to make sure that the quality of Georgian wine remains consistently high.      

The foundation will develop a “creative” and “cost-effective” certification and traceability system together with Swiss connected goods and packaging platform Scantrust.   

A 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 check its authenticity with the help of a unique QR code.  

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Levan Mekhuzla, chairman of the National Wine Agency, says that Cardano’s technology makes it possible to deploy supply chain traceability at scale.   

Last year, Georgia’s government also formed a collaboration with Norwegian blockchain company WiV Technology in order to mint non-fungible tokens for its wine.

The idea of eliminating wine counterfeiting with the help of blockchain is not new. Back in 2018, venture capital company Medici Ventures acquired a stake in wine-tracking company Vin-X.

As reported by U.Today, a Japanese branch of the accounting behemoth Ernst & Young.  

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