Beverage.Cash project
Presently there are two main problems in beverage industry:
Counterfeit and product information
According to the industrys experts, fake wines now account for 20% of global wine sales and the same applies to other alcoholic beverages. As the demand for wine is rising in emerging markets, wine businesses and consumers have become major victims of wine fraud crimes.
Another problem mentioned above is the product information. The labels used by manufacturers nowadays do not satisfy most of the consumers in terms of the information provided. Bearing in mind the widespread concern about health and thus the ingredients used in wine and other alcohol beverages production, the consumers want to make an informed decision when buying the products
We propose to solve both problems with one solution by using of RFID/QR/NFC tags and blockchain technologies.
WE USE:
1. RFID network tags, readers, active sensors automatically collects information from the vineyard, winery, wine cellar (type of grapes, weather information, quantity, quality, temperature, time stored in oak barrels, geolocation etc.) and store this information in blockchain.
2. Blockchain is a guarantee that information collected by RFID cant and will not be changed. This is the best protection against dishonest beverage producers.
3. QR/NFC labels will be attached to every bottle of the beverage producer who participates in the project. From one hand, these labels is the key to access to all information stored about this particular bottle on blockchain for consumer; from another hand, this is a protection for producers from fake products being sold in the shops.