ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home News

Verify your wine quality using Blockchain technology

KryptoMoney by KryptoMoney
April 18, 2017
in News
0
verify the quality of wine using blockchain technology
0
SHARES
22
VIEWS
Share on FacebookShare on Twitter

Wine Certification on Blockchain Technology

Blockchain technology has already started to being adopted in various business sectors such as banking, real state, healthcare, etc
One interesting news that came in recently is, the Blockchain technology is being used to certify wine quality. EY along with a startups EZLab has created a blockchain based platform which certify’s and inturn communicates the quality and geographical origin of wines made in Italy.

(click here to know what is Blockchain)

Functioning

When the wine bottles are out in the market for sale, each bottle has a QR barcode printed with other details on it. If a user want’s to know about the wine, the user has to just simply scan the QR code using his smart phones and he will receive all the information on his phone.
Information like origin of wine, details of wine producer, it’s organoleptic characteristics ,the entire process of cultivation, production and processing of wine can be obtained by the user.
All these information are first stored in an ethereum blockchain and then it can be accessed by the user anytime by just scanning the QR barcode.

The first product to be verfied is Falanghina Wine produced by Cantina Volpone.

Opportunities

Analyzing the above situation, there can be a big opportunity in food-agro sector, especially in India. With rising adulteration in food products and decreasing quality, the consumers are unhappy about prices that have to be paid for it.
A system based on Blockchain technology can be created where, each time a food product is examined by authorities, all the details can be uploaded on a common blockchain ledger created particularly for this purpose mentioning all the details about the product. This information can be retrieved by any user by just scanning the QR barcode.

Blockchain technology is already improving various business sectors by reducing manual efforts and decentralizing the system. The first product built on blockchain technology was Bitcoin. The first decentralized digital peer-to-peer crypto currency that has now become the most valuable currency in the world which is currently priced around INR 80,000 or $1200.

Read the articles below related to different business sectors and understand how blockchain is being used in different areas.

US Government invests in Healthcare Blockchain

Blockchain enters in Brazilian Real Estate Market

Bajaj Electricals and Yes Bank adopts Blockchain technology

Russian Banks considering Blockchain technology

Tags: Blockchain Newsblockchain startups
Previous Post

US Government invests in Healthcare Blockchain

Next Post

Germany Bans One Coin’s Partner

Next Post
one coin scam | one coin

Germany Bans One Coin’s Partner

Recent Stories

As Bitcoin Consolidates, This Is What Analysts Are Saying on BTC, Chainlink, Aave, and SushiSwap Price Outlook

As Bitcoin Consolidates, This Is What Analysts Are Saying on BTC, Chainlink, Aave, and SushiSwap Price Outlook

January 17, 2021
Ripple (XRP) Is Now the Fifth-Largest Cryptocurrency As Polkadot, Chainlink, AAVE Explode to Fresh Highs

Ripple (XRP) Is Now the Fifth-Largest Cryptocurrency As Polkadot, Chainlink, AAVE Explode to Fresh Highs

January 16, 2021
Cardano Price Analysis: Bulls Drive ADA/USD Price Past $0.37, Cardano Wants To Help Twitter Decentralize Social Media

Cardano Price Analysis: Bulls Drive ADA/USD Price Past $0.37, Cardano Wants To Help Twitter Decentralize Social Media

January 16, 2021
Is an Altseason Coming? Chainlink (LINK) Hits New Record Highs of $21.40, Polkadot & Cosmos (ATOM) Surge

Is an Altseason Coming? Chainlink (LINK) Hits New Record Highs of $21.40, Polkadot & Cosmos (ATOM) Surge

January 15, 2021
Quickly

Financial Advisor Introduces Petition for the UK Government to Ban Crypto Transactions

January 15, 2021
LTC Price Analysis: Steep Correction on LTC/USD From $186 High, Flare Networks Announces Litecoin Airdrop

LTC Price Analysis: Steep Correction on LTC/USD From $186 High, Flare Networks Announces Litecoin Airdrop

January 15, 2021
Bitcoin

Bitcoin Falls Below $35k Despite the Unveiling of Biden’s $1.9 Trillion Stimulus

January 15, 2021
cryptocurrencies

The Impact Of Cryptocurrencies On The Global Marketplace

January 15, 2021
What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

January 14, 2021
Trading

PayPal Crypto Trading Volume Climbed $242 In One Day

January 14, 2021

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

  • bitcoinBitcoin (BTC) $ 35,726.00 1.95%
  • ethereumEthereum (ETH) $ 1,222.71 1.66%
  • tetherTether (USDT) $ 0.999918 0.01%
  • bitcoin-cashBitcoin Cash (BCH) $ 480.06 1.83%
  • binancecoinBinance Coin (BNB) $ 45.94 5.39%
Our websites require cookies enabled to provide you with an uninterrupted experience. Please continue without changing your setting to receive important notifications.I Agree