WiV Signs Agreement with Georgian Government to Develop Georgian Wine’s Global Presence and Quality Assurance
press release

WiV Signs Agreement with Georgian Government to Develop Georgian Wine’s Global Presence and Quality Assurance

THELOGICALINDIAN - Georgian wines and their associated NFTs will be accessible to buyers through the WiV belvedere

WiV Technology is bringing wine assimilate the blockchain.

WiV to Tokenize Georgian Wine

WiV Technology, a blockchain-based trading belvedere for different assets, has active an acceding with the Georgian government to move some of the country’s wines and their ancestry assimilate WiV’s blockchain empowered platform. The aggregation at WiV will additionally be developing a affection affirmation accepted for the county’s wine to enhance its acceptability beyond the globe.

Under the acceding of the agreement, several Georgian wines and their associated non-fungible tokens (NFTs) will be fabricated accessible to a growing all-around arrangement of wine producers, collectors, and enthusiasts on the WiV platform. This will accompany Georgian wine to a far added admirers than it has had in the past.

WiV is additionally alive to enhance the believability of Georgian wine by developing a affection affirmation scheme. This will be based on a console of experts anticipation vintages to ensure that wines accommodated the accomplished industry standards.

Commenting on the agreement, President of Georgia Salome Zourabichvili said:

“Economics is changing. Concrete assets can now be angry into agenda representations of the concrete assets so that they can be traded added bound and efficiently. This action works awfully able-bodied for wine because the agenda certificates of the wine, additionally alleged wine tokens, can affirm the wine’s provenance. We appetite to be the aboriginal wine-producing country that embraces this new approach, bringing Georgian wine to a new accepted and new audiences.

Tommy Nordam Jensen, the co-founder of WiV, observes:

“Wine is in the DNA of the Georgian people, it’s a massive antecedent of pride for the producers and the accomplished country. This acceding is a superb befalling for us to advice advance their position in the all-around market. By abutting accomplished wine with affection affirmation and abiding ancestry on the blockchain, we will be putting some of Georgia’s aberrant wines in advanced of wine merchants, collectors, and enthusiasts from appropriate beyond the globe. It will accomplish it simple to barter the wine quickly, simply, and cost-effectively.”

Georgian wine holds a different position in the history of viticulture, with archaeological discoveries proving it has a wine-producing ancestry of added than 8,000 years. Today the country has added than 1,8000 wine producers, abounding application the acceptable adobe kveris to complete wine, rather than the added accepted barrel-based access taken by accomplished wine producers abroad in the world.

WiV’s action is to accomplish wine DeFi attainable for everyone. WiV.io, its award-winning fintech platform, lets producers and collectors instantly buy, advertise and borrow money adjoin their wine, accouterment accelerated admission to accounts after the accepted all-encompassing authoritative processes that are rarely advised to booty the nuances of the wine industry into account. WiV is in the action of arising a built-in bill alleged $WiVA. This will be the foundation of the WiV ecosystem, a new, across-the-board and borderless abridgement for real-world assets in a agenda world.

For added information, acquaintance WiV’s CEO and co-founder Tommy Nordam Jensen ([email protected]).