IBM-Powered Blockchain Solution Will Make Sure You Drink High-Quality Wine
IBM has joined forced with eProvenance to develop a new solution for making the wine supply chain more transparent, according to a Dec. 10 press release.
Dubbed VinAssure, it will allow tracking the whole process of winemaking – from vineyards to your bottle of wine at a restaurant.
Expensive wine with a cheap taste
Chateau Ste. Michelle is the oldest winery in Washington that also happens to offer some of the most expensive wines in the state. Its vice president, Peter Click, says that they have to make sure that their wine arrives in “perfect condition”:
Our site-specific wines display unique and extraordinary character, so we want to assure those wines arrive in perfect condition whatever their destination around the globe.
Top 10 Crypto Media Outlets Enter 2025: Latest Similarweb Data UpdateRipple CEO Slams Gary Gensler Over His Intention to Fight Until ‘Bitter End’ Against RippleXRP Reaches One-Month High Amid ETF BuzzShiba Inu (SHIB) Can Win This Market Correction, XRP Breakout Back in Game, Ethereum (ETH) Below $3,000: What to Expect?
Yet, according to eProvenance CEO Robin Grumman-Vogt, your glass of ultra-premium wine might not be exactly what you expect if proper temperature conditions are not maintained:
No one wants to open a bottle of wine and discover it's been cooked. When the supply chain fails to maintain proper temperature conditions, that's precisely what can happen.
This where the IBM Blockchain Transparent Supply solution steps into the breach, making it possible to build a data-sharing ecosystem for optimizing the supply chain.
eProvenance will assign wine a score on the scale from 0 to 100 based on its algorithm to determine the exact level of its quality.
A major use case for blockchains
Over the past few years, IBM has emerged as a dominant force in its supply chain management, with its blockchain solution ensuring much-needed data transparency.
Back in June, it also partnered with the Norwegian Seafood Association to enhance traceability in the salmon farming industry.
Meanwhile, the Japanese arm of audit behemoth Ernst & Young unveiled its own solution for battling fake sake in March.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.