UTC-05:00,Friday , August 14th 2020

Tencent Builds Blockchain Platform For China's Oldest Wine Producer

14:42 Sunday , August 02nd 2020
Chinese tech giant Tencent has revealed its plan for creating a blockchain-based wine traceability platform in collaboration with Changyu, China's biggest and oldest wine producer, according to local news on July 31. It is said to be a nationwide first for the country's domestic wine industry.
According to Changyu, the platform is designed to trace every step of the wine-making and sales processes, including planting, brewing, distribution and management. It will issue a unique traceable certificate for each bottle of wine it produces.
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