Georgian Vault Wines Introduced Winemaking Asset Management Program in Davos

Georgian startup Vault Wines has presented a wine authentication and winemaking asset management program within the Davos World Economic Forum.

The Vault Wines program focuses on the e-commerce wine business, blockchain-based wine authentication and winemaking assets.

The program is the winner of the CVVC Incubator Competition and was funded by USD 125,000. The startup has been working on the project for more than 10 weeks with more than 70 experienced experts, helping to refine the project and build international connections.

Georgian Startup already has Swiss and Austrian contractors providing it with fake holograms and QR codes.

The Prime Minister of Georgia also visited the project presentation in Davos.