Startup Vechain will monitor the delivery of wine through the blockchain

Date:

2018-05-25 17:15:06

Views:

3349

Rating:

1Like 0Dislike

Share:

Startup Vechain will monitor the delivery of wine through the blockchain Source:

The turnover of the Chinese wine industry is estimated at more than $ 2.8 billion. To improve service quality and to track the delivery of alcohol with the early stages of production to the table in the restaurant, Vechain startup will use blockchain tech, reports .

the

Blockchain. Now to track fault

Before beginning your project team Vechain entered into a partnership with the French wine producer Pierre Ferraud &Fils. Red wine Beaujolais Nouveau last will be verified in the blockchain.

The principle of the tracking of the bottle is simple – the buyer is in Shanghai scans the QR code on the product and get a full information about the grape, the winery, the expiration date, the date of delivery to China and the time of placing the bottle on the shelf.

Vechain also plans to embed NFC chips into wine stoppers. As soon as this tube is open, the data on the bottle will not be displayed to the buyer. This way you can avoid re-filling or dilution with low-quality wine. Additional advantages of cryptography, said the representative of the Vechain Fu Yu.

The Advantage of a blockchain is that each customer can track the entire production cycle of the wine right in the store. The QR code will be rendered all information about the wineries and logistics companies that participated in the delivery of each bottle of alcohol.

While QR code has only 10,000 bottles of wine. You can find them in the store Waigaoqiao Direct Imported Goods. Vechain plans to increase the number of monitored products 10 times by 2019.

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

The owners of laptops Apple attacks hidden Monero miner

The owners of laptops Apple attacks hidden Monero miner

In 2017, the number of cases of latent mining 8500. Most cases of infecting computers with programs for cryptocurrency mining has occurred at the end of last year — about 1.7 million. Now the company Malwarebytes announced the em...

The head of the Central Bank: cryptocurrency is highly speculative, highly volatile something

The head of the Central Bank: cryptocurrency is highly speculative, highly volatile something

the leadership of the Central Bank of Russia has always opposed the cryptocurrency. Employees of the Central Bank refused to allow the possibility of exchanging coins for rubles and regularly reminded about the risks of money laun...

Waiting for growth: Binance added for auction an anonymous cryptocurrency Zencash

Waiting for growth: Binance added for auction an anonymous cryptocurrency Zencash

Binance added to the listing ZenCash (ZEN), which became the 127th coin on this exchange. This is an anonymous cryptocurrency that provides privacy using the same technology as the zcash for. Customers of the exchange got trading ...

What coins can be cheaper: Korbit was removed from the auction Dash, Monero and zcash for

What coins can be cheaper: Korbit was removed from the auction Dash, Monero and zcash for

Cryptocurrency exchange Korbit from South Korea was removed from the auction a few currency pairs. Users will no longer be able to make trades with Dash, Monero (XMR), zcash for (ZEC), Augur (REP) and Steem. Korbit announcement ca...

IBM will hire 1,800 employees to its blockchain-a division

IBM will hire 1,800 employees to its blockchain-a division

In early April, the technology Corporation IBM market capitalization blockchain's $ 3.1 billion. The company has already released a small chip for tracking goods with the help of the blockchain and now announced plans to hire 1,80...

Fear Bitmain. GMO will introduce 7-nanometer ASIC miner for Bitcoin on June 6

Fear Bitmain. GMO will introduce 7-nanometer ASIC miner for Bitcoin on June 6

a Week ago the management of the Japanese company GMO plans to join the niche of mining. To start planned production of chips at the 7-nanometer process technology, and continue to — run cloud mining. In reality it was steeper. Tw...

Tom Lee: Bitcoin not necessarily grow each day to reach 25 thousand dollars

Tom Lee: Bitcoin not necessarily grow each day to reach 25 thousand dollars

In late January, investor and founder Foundstrat Whether Bitcoin 25 thousand dollars by the end of the year. By 2022 the price of the coin will rise to the level of 125 thousand. While analyst forecast does not come true, but he w...

Bank of the United States: the Real price of Bitcoin is not above $ 1,800

Bank of the United States: the Real price of Bitcoin is not above $ 1,800

Federal reserve Bank of San Francisco published a report about cryptocurrency. The paper deals with the volatility of Bitcoin prices and the way to classify the cryptocurrency as a financial asset. It is reported . the Bitcoin Pri...

The U.S. Department of justice investigates cases of fraud involving cryptocurrency

The U.S. Department of justice investigates cases of fraud involving cryptocurrency

According to Bloomberg, the U.S. Department of justice took over the investigation of fraudulent acts on the cryptocurrency markets. It investigates forms of illegal market manipulation on the main regulated financial markets. Pri...

Looks like the party of those who earned the bitcoin millions

Looks like the party of those who earned the bitcoin millions

At 2 a.m. Zoe Bernard from Business Insider found himself at the doors of the club The Box in Manhattan. She went to a private party, where he was invited visitors of bitcoin. A lot of things that Zoe saw inside the club, asked he...

The Central banks of Norway and great Britain thought about the national cryptocurrency

The Central banks of Norway and great Britain thought about the national cryptocurrency

last week, the Central Bank of Norway about plans to release a national cryptocurrency. The message of the regulator noted that the coin can be used together with cash, be the means of saving or substitute for Bank deposits. Now p...

The court banned the hacked exchange BitGrail to resume work

The court banned the hacked exchange BitGrail to resume work

the Italian stock exchange BitGrail, one of the largest centers of trading cryptocurrencies Nano in February, lost $ 170 million due to a hacker attack. In the following months, the trading platform has tried to resume work. To do...

Cryptocurrency Bitcoin Gold hacked

Cryptocurrency Bitcoin Gold hacked

Recently, the Bitcoin network with Gold was attacked double-spending. Cryptocurrency has become at least the third Aldona whose vulnerability was exploited by hackers. The first reports of the attack appeared on may 18, reports . ...

The head of the Central Bank of Spain: the recognition of cryptocurrencies carries more risks than benefits

The head of the Central Bank of Spain: the recognition of cryptocurrencies carries more risks than benefits

the head of the Central Bank of Spain has a positive attitude to the possibilities of blockchain technology. At the same time, he opposes the risks posed by the cryptocurrency. The position of the government the Bank announced at ...

Hackers took over most of the computing power in the Bitcoin network Gold

Hackers took over most of the computing power in the Bitcoin network Gold

Recently, the Bitcoin network with Gold was attacked double-spending. Cryptocurrency has become at least the third Aldona whose vulnerability was exploited by hackers. The first reports of the attack appeared on may 18, reports . ...

"Bitmain playing dirty": what happens with ASIC-mining?

This story was told by one of the leading developers of Sia, cloud-based storage of the blockchain. A year ago, he and several members of the Sia team have created Obelisk, a company producing ASIC miners for mining cryptocurrency...

Bitcoin fell to $ 7400. Review investor

Bitcoin fell to $ 7400. Review investor

Today, the market continues its decline. Total capitalization is $ 325 billion, with the share of Bitcoin at 38.9 percent. The value of the main coins is 7407 dollar, which is 6 percent lower rate of days old. More prominently in ...

Criminals need bitcoins for the life of kidnapped victim

Criminals need bitcoins for the life of kidnapped victim

the Kidnappers of a 13-year-old boy in South Africa demanded a ransom the size of 15 bitcoins, which at current exchange rates is equivalent to 120000 dollars. As reported , the kidnapping occurred on may 20 in Witbank. the New re...

Study: majority of capturadora — young people without experience

Study: majority of capturadora — young people without experience

Only 8.5 per cent of the cryptocurrency traders — women and 81.9% of traders cryptocurrency around the world no experience playing on the stock exchange. About it in the Etoro study, published in mid-may. The data confirmed analys...

Six reasons to invest in cryptocurrency in 2018

Six reasons to invest in cryptocurrency in 2018

the main Price of the digital currency continues to decline. There are six reasons for investing in digital currency will be relevant in 2018. Shared them journalists . the regulation of the cryptocurrency will give the results In...