Wine & Blockchain & NFTs

What’s happening? Georgia, the country, is placing some its wine production on blockchain allowing investors and enthusiasts to track provenance and buy and sell associated non-fungible tokens 

Why is this important? First, NFTs are new, hot items. Secondly, the blockchain tracking of Provence will improve the reputation of Georgian wines and will be tied to its wine’s quality-assurance standard

How will this be important? The legislation beings together the wine industry, blockchain technology companies and customers.

NASDAQ | Georgia to Put Its Wine on the Blockchain