| The name of the base system (platform): | Projects based on blockchain technology |
| Developers: | EY - Ernst&Young |
| Date of the premiere of the system: | November, 2019 |
| Branches: | Trade |
2019: Announcement
In the middle of November, 2019 Ernst & Young started a blockchain platform for tracking of supply of wine. The TATTOO Wine platform based on set Ops Chain blockchain tools will provide to the company and an opportunity "set to consumers quality, origin and authenticity of young and old wines". The initiative was developed by the Singapore startup of Blockchain Wine.
The founder and the chairman of Blockchain Wine Tim Tse noted that in the TATTOO Wine market each bottle will be traced from the moment of production before direct delivery to the consumer. The unique QR code which is called "tattoo" will be applied on each bottle in the course of pouring. If the retail seller or the consumer scans the code, then will instantly get access to all necessary information on a product. Among other things on a blockchain platform the location of vineyards and also the detailed description of wine growing, including use of fertilizers, methods of transportation, storage and many other things will be specified.
Developers are sure that TATTOO Wine will allow to lay off the number of intermediaries, will help to fight against counterfeit wines, optimizes supply chains, will facilitate signing of the contracts and will expand opportunities of both the wine-making enterprises, and consumers. It is supposed that TATTOO Wine will become the global platform which will be used for tracking of wines from all known wine-making regions, such as North America, Europe, Oceania, South Africa and South America.
The name TATTOO is decrypted as "traceability, authenticity, transparency, trade, origin, and opinion" (traceability, authenticity, transparency, trade, origin and opinion"). Buyers can already get access to service by a normal method through the website of the company.[1]
Notes
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