Blockchain is a system that offers data immutability, a great tool when it comes to reducing counterfeits.

Now in China, Wine lovers will be able to verify the authenticity of the wine products they purchase using the blockchain of the VeChain Foundation.

Thanks to this technology, buyers and traders can know the size of the bottle, the origin of the wine, the year of harvest and other information to verify the authenticity of the product.

The label cannot be removed from the bottle, since it only detaches if the product is completely destroyed. In the same way, the antennas that put the NFC into operation are only deactivated after the wine is opened; precautions taken to avoid counterfeiting this type of luxury items.

The VeChain platform is also dedicated to the registration of information on supply chains and industrial operations in blockchain. The company is mainly focused on the wine industry, specializing in the importation of wines originating in France to the Chinese market.

However, they also have plans to facilitate the handling of medications and automotive parts; offering the use of intelligent contracts, decentralized applications dedicated to the tracking of information and sensors in charge of checking the temperature and humidity of the products, for an optimal performance in the sending and receiving of merchandise.

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