To boost Georgia’s global reputation as a leading wine producer, the Cardano Foundation has partnered with the nation’s wine agency to create a public and flexible trace solution powered by the Cardano blockchain.
In a statement, the Cardano Foundation disclosed that the partnership with the Bolnisi Winemakers Association and Scantrust and Georgia’s National Wine Agency would enhance the quality and authenticity of the nation’s wine.
Mel McCann, Cardano Foundation’s vice president of engineering, noted:
“This collaboration will develop a creative, cost-effective, and flexible certification and traceability system, which will provide transparency and authenticity for wineries and customers from the point of harvest to the point of consumption.”
The Cardano Foundation will lead the effort to collaborate with individual wineries in order to create a scalable, shared and cost-effective platform.
The report says:
“A pilot program will be expanded in the Bolnisi region, serving both local and export markets. It will include up to 100,000 bottles of wine harvested during the Autumn 2022 period and subsequently bottled during Spring 2023.”
Each bottle will have a secure QR code that allows consumers to track product authenticity and history.
The blockchain-powered traceable solution can be used to produce more wine bottles, as trust and integrity are integral components of consumer goods.
Guram Avkopashvili is the founder and president of Bolnisi Winemakers Association.
“Our goal is to produce and export 12 million bottles of wine in Bolnisi in 10 years. Currently, we produce a total of 200,000 bottles of wine, which we sell to the Georgian, European, US, Australian, and Chinese markets.”
The blockchain solution can also be used to combat counterfeits at lower costs.
“People around the world deserve to experience Georgian wine as it is intended, a celebratory and exceptional drink that we have cultivated for over 8,000 years, according to Levan Mekhuzia, the chairman of the Georgian National Wine Agency.
Charles Hoskinson, Cardano founder, acknowledged that blockchain technology could transform government structures, Blockchain.News reported.