Whether Global Blockchain Platform Can Replace Traditional Wine Markets

The global wine blockchain platform will replace the traditional wine markets in 10-20 years, Solomone winemaking company co-founder David Chachanidze told Business Partner.

Several days ago, Georgian wine Solomone was sold at the global wine Blockchain platform, Chachanidze said. Solomone wine was sold in Singapore, Chachanidze said but did not unveil the price referring to confidentiality.

“We placed the wine on Blockchain for test purposes. Next time, we will place more bottles. We believe this Blockchain will replace traditional market”, Chachanidze noted. Solomone’s Marani (wine cellar) is located in Chiatura. The company owns vineyards on 3 hectares but plans to expand the space to 10 hectares. As for Marani, its annual output is 55,000 bottles. Negotiations are underway to penetrate new export markets, including the USA and England. At this stage, the company produces 4 varieties of wines.

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Whether Global Blockchain Platform Can Replace Traditional Wine Markets

The global wine blockchain platform will replace the traditional wine markets in 10-20 years, Solomone winemaking company co-founder David Chachanidze told Business Partner.

Last 7 Days Hot Topic

The restaurant "Drzlebi" Located in Terjola, will Reopen in May
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Whether Global Blockchain Platform Can Replace Traditional Wine Markets

The global wine blockchain platform will replace the traditional wine markets in 10-20 years, Solomone winemaking company co-founder David Chachanidze told Business Partner.

Last 7 Days Hot Topic

The restaurant "Drzlebi" Located in Terjola, will Reopen in May 01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 02

Hereti Global Starts Exporting Wine to the United States 03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 04

Beer Production Hits Record High in Georgia 05

Startup Georgia Resumes Funding for Innovation-Driving Projects 06

The restaurant "Drzlebi" Located in Terjola, will Reopen in May
01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
02

Hereti Global Starts Exporting Wine to the United States
03

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
04

Beer Production Hits Record High in Georgia
05

Startup Georgia Resumes Funding for Innovation-Driving Projects
06