Mathisen Marketing

Your Marketing Blog

Cardano Backer Inks Wine Industry Deal for Development of Blockchain-Based Track-and-Trace System

Cardano Backer Inks Wine Industry Deal for Development of Blockchain-Based Track-and-Trace System

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

The Cardano Foundation is working with the National Wine Agency of Georgia and other partners to use blockchain technology to track the quality and authenticity of wine produced in the Eastern European country.

The partnership, which also includes the Bolnisi Winemakers Association and Scantrust, plans to use the Cardano (ADA) blockchain to strengthen Georgia’s global reputation for wine production.

According to the Cardano Foundation, a pilot program targeting both export and local markets will be launched in the Bolnis region of Georgia. The program includes up to 100,000 wine bottles with a special label with a QR code that consumers can scan and verify the authenticity of the product.

says Mel McCann, Executive Vice President of the Cardano Foundation,

“The Cardano Foundation prides itself on technical integration initiatives that advance the development of solutions for all types of businesses and systems. This collaboration develops a creative, cost-effective and flexible certification and traceability system that provides transparency and authenticity to wineries and customers from harvest to consumption.

The Cardano Foundation is a Swiss non-profit organization that oversees the development of the Cardano blockchain.

The National Wine Agency of Georgia also uses the Cardano blockchain to create public records of existing certification information for wines intended for export.

Guram Avkopashvili, founder of the Bolnisi Winemakers’ Association, says:

“Our goal is to produce and export 12 million bottles of wine in Bolnis in 10 years. We currently produce a total of 200,000 bottles of wine, which we sell to the Georgian, European, American, Australian and Chinese markets. If we want to grow beyond this, we need to increase confidence in our products. As such, this Cardano tracking and tracing solution is essential to achieving our goal.

Don’t Miss a Beat – Subscribe to receive encryption email alerts straight to your inbox

Check price Take action

Follow us TwitterFacebook and Telegram

Surf The Daily Hodl Mix

Check the latest news headlines

&nbsp

Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that transfers and trades are at your own risk, and any losses are your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, and The Daily Hodl is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured image: Shutterstock/Panuwatccn



Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published.

Latest Posts

  • Web3 Game Platform AQUA Launches NFT Marketplace – Coin24h.com

    Web3 Game Platform AQUA Launches NFT Marketplace – Coin24h.com

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Web3 gaming platform AQUA has debuted an in-game asset trading marketplace, according to a Coindesk report. The startup has also announced a $10 million investment from hedge fund billionaire Steve Cohen-backed DIGITAL. Resources in web3 games are usually NFTs, which […]

    Read More

  • Shiba Inu Burn Rate Surges by Over 100% As Whales Burn $SHIB – Coin24h.com

    Shiba Inu Burn Rate Surges by Over 100% As Whales Burn $SHIB – Coin24h.com

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Meme-inspired cryptocurrency Shiba Inu ($SHIB) has seen a 100% increase in its token burn rate earlier this week, hitting 61 million SHIBs in just 24 hours, with Ethereum ($ETH) whales joining the ranks. movement and helped burn tokens. According to […]

    Read More

  • The Security Budget Flaw That Proof-Of-Stake Introduces

    The Security Budget Flaw That Proof-Of-Stake Introduces

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Bitcoin’s proof-of-work mechanism provides the security that Ethereum has sacrificed for short-term narrative benefits. This is an opinion piece by Mickey Koss, a West Point economics graduate. He spent four years in the infantry before transferring to the Finance Corps. […]

    Read More