Ravencoin Stack
  • Home
  • Price Chart
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
    • Art
    • Beauty
    • Sports
    • Music
    • Fashion
    • NFT Events – Meetings
    • Trading cards
    • Learning
  • Exchanges
  • Books
Ravencoin Stack
  • Home
  • Price Chart
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
    • Art
    • Beauty
    • Sports
    • Music
    • Fashion
    • NFT Events – Meetings
    • Trading cards
    • Learning
  • Exchanges
  • Books
No Result
View All Result
RavencoinStack
No Result
View All Result
I show You how To Make Huge Profits In A Short Time With Cryptos!
Home NFT

How to Authenticate a wine collection with a Ravencoin NFT on the Vinsent Marketplace

April 5, 2022
in NFT
How to Authenticate a wine collection with a Ravencoin NFT on the Vinsent Marketplace

Summary:

You might also like

Non-Fungible Tokens Explanation For Complete Beginners

The Top Five Benefits Of Ravencoin Non-Fungible Tokens

How Can A Professional Solo Singer Make Money From Ravencoin NFTs

Using the Vinsent marketplace you can now check the authenticity of a bottle of wine that is part of the marketplace. This technique makes it virtually impossible for a bottle of wine to be forged.

Each bottle has a fingerprint that can be scanned to confirm its provenance.

The Vinsent Marketplace

Vinsent and Laava are excited to announce our first collaboration, which will feature the Laava Smart Fingerprint® on Bordeaux Primeurs. Each bottle of the boutique wines from this range will be ‘Certified by Vinsent’, with an initial deployment on the 2018 vintage Bordeaux Grands Crus in early June 2021.

Each bottle of ‘Vinsent Certified’ Bordeaux Primeurs will feature a unique Laava Smart Fingerprint® linking it to its secure record on the Ravencoin blockchain. When scanning the label, Vinsent customers will be able to securely access the wine’s blockchain record, as well as experience the history and stories behind the wine.

Is your Bordeaux ‘Vinsent Certified’?

Vinsent is a trusted, digital wine trading marketplace powered by blockchain, that enables wine lovers from across the globe to connect directly with wineries. The global wine market generates over $350 billion annually, with approximately two-thirds of that revenue being absorbed by the supply chain. Vinsent’s marketplace is disrupting the industry by shortening the value chain and connecting consumers directly with the winery – no middlemen required.

Not only is Vinsent focused on disrupting the global wine industry; it’s reinventing the way wine is being bought, owned and experienced. Through their marketplace, wine lovers can access boutique labels, limited production runs and special editions, all at exclusive prices, through trading in fine wine futures – that’s wine still in the barrel.

Wine futures are powered by the Ravencoin blockchain and enabled through an authentic, secure, and augmented digital representation – in other words, a non-fungible token (NFT) – while they are still in the barrel at partner wineries.

But what exactly is an NFT?

NFTs are unique tokens or assets in the digital world, stored on the blockchain, that can be traded like any other piece of property – but they have no tangible form of their own.“Think of an NFT as a certificate of ownership for a virtual asset (the wine future) that represents the physical asset (the bottle of wine) – a digital twin to the related and existing physical asset.” Currently leading the world in the field of global wine futures trading, Vinsent developed the Vinsent Virtual Cellar™, a de facto personal and digital wallet, as the trusted place of storage for the digital twins of purchased future bottles, that any wine lover could curate. The Virtual Cellar is powered by the blockchain Ravencoin, a fork of Bitcoin, designed to be a registry of assets. Ravencoin is an open-source project built by a large community of developers; it natively includes the ability to register on-chain pictures and datasheets, and with embedded facilities like communication with token holders without knowing their identity.

But what happens when these wine futures are ready to be bottled and shipped to all those eagerly awaiting customers across the globe? How could Vinsent:

  • securely connect the digital token certifying the wine future with the physical bottle of wine?
  • enable their customers to securely authenticate their bottle and access the full wine registry on the blockchain?
  • enable their customers to experience the history and the stories behind the winery and that bottle of wine?
  • assure customers that their bottle of wine is ‘Vinsent Certified’?

A next-generation, secure, on-product connection

Vinsent’s investigations led them to the conclusion that existing technology, such as QR codes, were not fit for the challenge of linking blockchain and NFTs with products of the quality and renown of Bordeaux Grand Crus.

After an exhaustive review of available solutions, Vinsent have chosen to partner with Laava to deploy our Laava Smart Fingerprints® as their unique on-bottle trust mark and, crucially, the secure linkage connecting the digital wine futures token and the physical bottle. The Laava Smart Fingerprint® enables Vinsent to confidently ‘Vinsent Certify’ every bottle of wine traded on their marketplace.

Laava Smart Fingerprints® are far superior to a simple QR code. Developed in collaboration with Australia’s leading scientific research institution, CSIRO, Laava has reinvented the concept behind the QR code, with the Fingerprint being the secure authenticator for accessing blockchain, traceability data, digital stories and unique customer experiences.

Once a bottle is ‘Vinsent Certified’, customers can simply:

  1. scan the Fingerprint with their iOS or Android phones
  2. receive a message of authentication
  3. view the certificate of authenticity recorded on the Ravencoin blockchain.

Each bottle has its ‘token’ residing on the Ravencoin blockchain, which is linked to the Fingerprint on each bottle’s label.

This partnership is incredibly exciting, and this first Bordeaux Grands Crus project – featuring one of the world’s most highly regarded wine denominations – positions the digitally verifiable and authenticated ‘Vinsent Certified’ label to become the label of choice for the global fine wine industry.

To learn more, contact the Laava team today.

The problem with QR codes is that they can be created by anyone – including counterfeiters. Fake QR codes cannot be distinguished by customers from the real thing. Counterfeiters simply copy the landing page or app from a real QR code and redirect users to a fake URL via their own QR codes – in a process called spoofing or clickjacking – which is an issue now attaining greater industry awareness.

Disclaimer:

The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects.

Readers should do their own research and consult a professional financial advisor before making any investment decisions.

Tags: CollectibleWine

Recommended For You

Non-Fungible Tokens Explanation For Complete Beginners

by admin
January 21, 2023
0
Beginners guide

In the digital world, non-fungible tokens are revolutionizing how we think about ownership and value. A NFT is a unique digital item that can be bought, sold, and...

Read more

The Top Five Benefits Of Ravencoin Non-Fungible Tokens

by admin
January 19, 2023
0
Benifits in teh outline of a cloud

Ravencoin (RVN) is a blockchain-based platform for creating and transferring non-fungible tokens (NFTs), also referred to as unique digital assets. Virtual real estate, gaming items, and digital art...

Read more

How Can A Professional Solo Singer Make Money From Ravencoin NFTs

by admin
January 3, 2023
0
Drwaing of singer at microphone

The decentralized, open source Ravencoin blockchain platform permits the transfer of assets from one party to another, including securities and financial instruments. The Ravencoin blockchain is a convenient...

Read more

Decentralized Transactions With Ravencoin Tokenomics

by admin
October 5, 2022
0
Abstract image of blockchain

Ravencoin is a blockchain that facilitates the issuance of digital assets. It is similar to a normal share but is more flexible and secured. It also gives companies...

Read more

Chronoly Offer Fractionalised Timepiece Ownership NFT Marketplace for Rolex

by admin
September 19, 2022
0
Patek Philippe watch

Chronoly is changing the way that people can buy, sell, and invest in rare luxury watches. Chronoly is the world’s first 24/7 watch investment platform that is making...

Read more
Next Post
Miami Herald supports local artists with NFT marketplace in 2022

Miami Herald supports local artists with NFT marketplace in 2022

Ravencoin price

Ravencoin

Ravencoin

$0.03

RVN -5.89%

Related News

Chart illustration

Ravencoin Price Prediction 2022 April

July 7, 2022
Many people in a conference room

Non-Fungible Tokens (NFT) Events and Webinars

December 8, 2022
Crypto assets

NFT Cryptographic Assets Explanation for Beginners

September 14, 2022

Browse by Category

  • Art
  • Beauty
  • Books
  • Digital Art
  • Exchanges
  • Fashion
  • Learning
  • Mining
  • Music
  • NFT
  • NFT Events – Meetings
  • Price
  • Sports
  • Trading cards
  • Uncategorized
  • Wallets

Pages

  • Home
    • Contact Us
  • Privacy Policy
  • Ravencoin Price USD Chart Current and Archive
  • Terms and Conditions
  • Your download link

CATEGORIES

  • Art
  • Beauty
  • Books
  • Digital Art
  • Exchanges
  • Fashion
  • Learning
  • Mining
  • Music
  • NFT
  • NFT Events – Meetings
  • Price
  • Sports
  • Trading cards
  • Uncategorized
  • Wallets

BROWSE BY TAG

Art artist Beginner Charity Chris Brown Clinique collectable Collectible Community copymint Dapps Daz 3D digital assets Ethereum football Fraud Gamification Gen Z Hydra limited edition loyalty Makeup Marketplace Mining music NFT NFTH Nike only gems OpenSea open source phygital Portfolio prediction Price Proof of Stake QR Code rare Seaport Shopify tokengated trading cards WAX WEB3 Wine

© 2022 Ravencoin Stack

No Result
View All Result
  • Home
  • Ravencoin Price USD Chart Current and Archive
  • Mining
  • Price
  • Wallets
  • Digital Art
  • NFT
  • Exchanges
  • Books

© 2022 Ravencoin Stack

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?