IBM (NYSE: IBM) and eProvenance, a company specializing in monitoring and analyzing wine shipment conditions, today announced the availability of VinAssure™ from eProvenance: a new, IBM blockchain-powered platform that offers a smarter and highly secured way to track wines as they move through distribution from vineyard to consumer. By encouraging transparency, accountability and the rapid exchange of data, VinAssure™ helps ensure the exacting methods of the world’s best winemakers are not undermined by supply chain errors, misinformation or improper conditions during transit. VinAssure™ is designed to give rise to a new wine industry ecosystem that provides consumers more information at their fingertips to help assure the wines they buy meet their expectations.
VinAssure™ runs on IBM Cloud and is built on IBM Blockchain Transparent Supply, which is designed to use advanced technologies including blockchain, AI and cloud to optimize outcomes for all participants. With VinAssure™, this group includes wine producers, négociants, importers, transporters, distributors, restaurants and retailers – by helping increase traceability, efficiency and profitability in the wine supply chain through a permissioned, permanent and shared record of data.
The first member of VinAssure™ is De Maison Selections, a U.S. importer of responsibly-sourced wines, cider and spirits from independent producers in Spain and France. As VinAssure™ membership grows, supply chain members and consumers will be able to access information spanning from the vineyard through transport and delivery, which is validated and stored on the blockchain. Using existing identifiers, such as a QR code on the bottle, consumers can learn, for example, about the wine’s provenance and flavor profiles, or if it meets certification standards for organic, biodynamic or sustainability practices.
Other wine industry members intending to join VinAssure™ include Ste. Michelle Wine Estates, Export Division, the third-largest premium winery in the USA, and Maison Sichel, a Bordeaux-based négociant and winemaker for seven generations. The portfolios of these three companies can represent millions of bottles of wines moving through the global supply chain and available around the world.
VinAssure™ uses IBM Blockchain Transparent Supply, an innovative offering from IBM that enables organizations to rapidly build out their own sustainable blockchain-based ecosystem for improved supply chain operations, to promote transparency and collaboration and to create a permanent record of the history and lifecycle of physical and digital assets.
“We believe wine communicates a strong sense of the place and the culture of those who contributed to its creation. We honor our winemakers and their goods by protecting wines through temperature-controlled transport and storage from the cellar to our customers,” said André Tamers, owner of De Maison Selections. “We believe the future of the wine industry lies in verifiable provenance, transparency and traceability. VinAssure™ makes it possible for our distribution partners and end consumers to see, understand and appreciate what went into crafting the wines they buy and what it takes for us to maintain the wine’s quality from the vineyard to the glass.”
“No one wants to open a bottle of wine and discover it’s been cooked. When the supply chain fails to maintain proper temperature conditions, that’s precisely what can happen,” said Robin Grumman-Vogt, CEO of eProvenance. “VinAssure™ is designed to bring collaboration and clarity to an often-chaotic supply chain. The sensitivity of the product, the number of actors, the complex logistics challenges and a convoluted patchwork of regulations across the USA and from country to country, are all factors that play into the need for a wine industry ecosystem.”
The wine industry is complex and interconnected yet lacks the mechanisms to optimize its supply chains. There are also numerous and disparate regulations that a global industry ecosystem has the capacity to address.
“We craft ultra-premium wines from Washington, Oregon and California that fully reflect the unique growing conditions and individual winemaking practices of each estate. Our site-specific wines display unique and extraordinary character, so we want to assure those wines arrive in perfect condition whatever their destination around the globe,” said Peter Click, Vice President, International, Saint Michelle Wine Estates. “VinAssure™ can help us share this compelling story with our supply chain and with our consumers.”
“As a negociant and winemaker, Maison Sichel is fully committed to sustainable practices and pours every drop of skill and knowhow into its brands,” said Allan Sichel, Managing Director of Maison Sichel. “VinAssure™ will amplify our efforts by making them all the more visible to our industry partners and customers.”
eProvenance is an established wine industry technology innovator—its proprietary, scientifically-based algorithm determines if wine is still fresh or if quality may have been compromised, not just whether inappropriate temperatures have been encountered, and the resulting eProvenance Score (0-100) clearly indicates if there are any changes in wine quality. eProvenance temperature monitoring services and the eProvenance Score are an integral part of VinAssure™, providing critical data on the quality of wine shipments from origin to end consumer.
“Blockchain is the ideal solution for bringing transparency to a supply chain as complicated as that of the wine industry, which involves numerous participants and where needs vary depending on the destination of the shipment,” according to Raj Rao, General Manager IBM Blockchain Platforms. “Having an immutable digital record of transactions and conditions simplifies process and represents the future of moving sensitive goods. It also provides the end consumer with greater information that the wine they purchased tastes as the winemaker intended and reflects the immense care that went into producing that wine.”
Nex News Network Launches World’s First Blockchain-Integrated Web3 and Metaverse News Platform
Nex News Network, the pioneering media organization, is proud to announce the launch of its groundbreaking platform, revolutionizing the way news and media are consumed. This year marks a momentous milestone as Nex News Network becomes the world’s first-ever blockchain integrated, Web3, and Metaverse news and media platform. With a fusion of cutting-edge technology and visionary media strategies, Nex News Network is set to redefine the media landscape.
A New Era in Media Industry: Nex News Network’s Unique Offering
Nex News Network has embarked on an extraordinary journey to bring the future of media to the present. As a trailblazer in the industry, the platform integrates blockchain technology, Web3, and Metaverse, delivering an unparalleled experience to users. This year, Nex News Network establishes itself as the vanguard in news and media, providing a platform that seamlessly connects diverse sources of information, making them accessible from anywhere, on any device.
Innovative Media Revolution
Nex News Network introduces a unique animation concept that transforms the traditional news and media industry. With this innovation, the animation seamlessly integrates with media and news content, sparking a revolutionary shift in how information is consumed. This innovation not only redefines the media industry but also catalyzes a new era of interaction, engagement, and understanding.
Empowering Users and Advertisers
Nex News Network brings a new dimension to user experience by creating an integrated platform that caters to a diverse range of interests and categories. Users can explore validated blockchain content, industry news, directories, event information, technology updates, and more. For advertisers, Nex News Network offers direct access to their target audience, bypassing intermediaries and providing real-time performance data for smarter decision-making.
With its focus on blockchain integration, Web3, and Metaverse, Nex News Network embraces the future of digital content. The Metaverse, an advanced digital realm, complements the platform, creating immersive experiences through augmented reality (AR), virtual reality (VR), and artificial intelligence (AI). Nex News Network pioneers the way for this interconnected digital world, offering users a new dimension of engagement and exploration.
A Call to the Future
Nex News Network is poised to reshape the media industry by introducing blockchain integration, Web3, and Metaverse technology. Through its visionary leadership, dedication to user experience, and commitment to innovation, Nex News Network is laying the foundation for a new era in news and media consumption. As the world’s first blockchain-integrated Web3, and Metaverse news platform, Nex News Network stands ready to redefine the media landscape.
Setting the Stage with NexNews Network – A New Era in Media Consumption and Engagement
NexNews Network pioneers a transformative approach to media consumption, driven by innovation and led by a dedicated team. With a focus on user experience, NexNews Network creates a dynamic space where users can seamlessly access news and media sources from various categories, transcending traditional boundaries.
Visionary Leadership – Founder Aakash Jugraj and the Power of Innovation
Under the visionary leadership of Aakash Jugraj, NexNews Network has positioned itself as a trailblazer in the industry. Backed by the reputable Shivaksh Media Group of Companies, the platform represents a fusion of expertise and innovation that sets a new benchmark for media excellence.
Founder Aakash Jugraj – A Driving Force for Media Innovation
At the helm of NexNews Network is Founder Aakash Jugraj, a visionary entrepreneur with a deep-rooted commitment to revolutionizing the media landscape. His forward-thinking approach has driven the platform’s mission to redefine publication creation, distribution, and consumption using Web3, Blockchain & Metaverse technologies.of Companies.
Aakash Jugraj, the driving force behind NexNews Network, envisions a media ecosystem that champions transparency, authenticity, and user-centric experiences. His vision aligns seamlessly with the ethos of Shivaksh Media Group of Companies, creating a formidable alliance for media innovation.
Continuous Industry Evolution: NexNews Network’s Transformative Role
NexNews Network signifies a departure from traditional media models, offering a continuous industry experience that transcends conventional boundaries. The platform’s transformative capabilities make it a pioneering force in providing a new-age media ecosystem that empowers users with unparalleled access and engagement.
Technology at the Forefront: Nex News Network’s Secure and Transparent Platform
Technologically adept, NexNews Network harnesses the power of blockchain integration, Web3, and Metaverse to ensure the highest level of security, authenticity, and transparency. This technological synergy enables users to engage with news and media content with utmost confidence.
Personalized User Experience – NexNews Network’s Tailored Approach
Through NexNews Network, users will enjoy a distinctly personalized experience. The platform’s integration of blockchain technology ensures that users can consume news and media content that aligns precisely with their interests, fostering deeper engagement and resonance.
Empowering Advertisers: Nex News Network Effective Advertising Platform
Advertisers will benefit from NexNews Network’s innovative approach by accessing a tailored platform that enables direct engagement with their target audience. The blockchain integration ensures a transparent and effective advertising experience, enabling advertisers to refine their strategies based on real-time performance data.
NexNews Network is poised to play a pivotal role in the upcoming election season. With its unique blend of blockchain integration, Web3, and Metaverse, the platform will facilitate informed decision-making by providing accurate and transparent information to voters.
CoinScan Emerges from Stealth with $6.3 Million in Funding
CoinScan, a crypto analytics platform built to give traders an edge in the market with free in-depth charting and safety features, today emerged from stealth with $6.3 million in funding to fuel product development and expansion. CoinScan is the first product from CryptoHub, a Web3 company focused on improving the blockchain economy with scalable, accessible solutions.
The company is backed by DraftKings’ #1 individual shareholder and billionaire Shalom MecKenzie alongside Playtech‘s CEO Mor Weizer and Head of Business Development and M&A Roy Samuelov, Shy Datika, iAngels, and publicly traded digital asset company Tectona.
“Crypto, much like sports betting, should give people the tools and data to make their own assessments about risk and reward,” said MecKenzie. “CoinScan is introducing a hub of crypto information that users can finally trust for accurate, real-time insights. I see CoinScan as becoming the home page for anyone involved in the crypto industry.”
This year alone, nearly $1 billion has been lost to crypto exploits, hacks, and scams – much of which could have been avoided with better access to data. CoinScan’s unique, groundbreaking scam prevention features include:
- Safety Checks: This feature assesses a token’s susceptibility to rug pulls or scams by analyzing key indicators such as liquidity locks, token taxes, contract renounce status, and honeypot risks.
- Holder Analysis: Traders can assess a token’s distribution and health in real-time through CoinScan’s charting terminal. Users can track wallet holdings in tokens and USD, keeping an eye on top wallets’ buying and selling activities.
- Airdrop Analysis: Traders can protect themselves from ‘soft rug’ scams by using this feature to identify wallets that have received airdrops, assess their value, and cross-reference this information with social feeds to verify legitimacy.
- Social Sentiment: Recognizing the importance of social sentiment in crypto, CoinScan integrates live project feeds from Twitter, Telegram, Reddit and Instagram to allow users to extract information about a token from its community in real time.
While many crypto data providers are plagued by price inconsistencies and potential biases, CoinScan provides transparent data pulled from multiple sources to provide the deepest charting insights available on the market.
“CoinScan is leading the charge in bucking crypto’s negative reputation by providing better access to data directly from multiple sources,” said Yariv Gilat, Chairman at Tectona. “The platform provides unmatched safety features that make me optimistic for the industry’s future growth, and we’re thrilled to support CoinScan on their mission.”
CoinScan is also the first to bring a Pending Transactions feature to the market in a user-friendly format, giving traders insights into the price action of a token before it happens, rather than after the transaction fully completes. This gives users an unprecedented advantage, as they can essentially see into the future. Traders can also use the platform’s Market Navigation page to search and compare similar tokens to cross-analyze before investing.
“No one wants to spend all of their time researching and analyzing blockchain transactions and social media just to avoid getting scammed. The bar for crypto data was very low, so we built the platform that we wished we had,” said Eliran Ouzan, CEO of CoinScan. “We’re not just giving traders an edge, we’re introducing tools that allow new investors to enter the market with free, accessible, unbiased information that will allow them to succeed.”
CoinScan has been under development for over two years, and recently completed beta testing. The platform’s fundamental mission is to elevate the experience for crypto and DeFi users of all experience levels. To learn more, please visit www.coinscan.com.
nChain appoints Peter Coulson as its new group COO
nChain, a leading global provider of blockchain technology, IP licensing and consulting services, today announces the appointment of Peter Coulson as its new group Chief Operating Officer.
Combining a world-leading Web3 IP portfolio together with knowledge, expertise, tools, and products, nChain is well-positioned to enable a seamless business transition from Web2 to Web3.
Peter Coulson joins nChain with a diverse career in strategic, operational, and technical leadership. He has navigated challenging operational environments, led research commissioning, overseen HR, finance, and commercial endeavours, and managed high-value portfolios.
Peter’s last appointment in the Royal Navy saw him Command of the Naval Base in Plymouth; a prominent Nuclear facility and Western Europe’s largest naval base. While specialising as a Weapons Engineer, Peter’s management and leadership experience is broad – including leading the Royal Navy’s surface ship through-life support portfolio, Combat System capability management, working in Private Office of Defence Ministers, engineering and training roles at the Devonport Waterfront, personnel policy in MOD, space research and serving in HMS ILLUSTRIOUS and several frigates. Additionally, Peter has held positions at Harland & Wolff, the University of Plymouth, and various charities.
nChain Chairman Stefan Matthews commented “The entire board is delighted that Peter will be bringing his diverse range of experience and skills to help us create the world that we envision with our technology. Since our inception in 2015 as a blockchain research & development hub, we’ve expanded the limits of what is possible with this technology. With the foundations now laid with our unmatched expertise on this technology built up over many years, Peter will be a key piece of the puzzle as we ramp up our company growth.”
“At nChain, our mission is to eliminate inefficiencies, lower costs and speed up processes, so the global economy will be open, accessible, and secure for everyone. Peter is a crucial hire into our executive team to help us in realising these goals. His focus will be on creating the operational efficiencies that will supercharge our business operations to make the best use of the expert skills and resources we possess.” nChain CEO Christen Ager-Hanssen commented.
Peter Coulson expressed his excitement of joining nChain as the company is rapidly growing. He is motivated to create organisational excellence that allows nChain to deliver on its vision, make positive social impact, and create a brighter future.
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- Bitget Wallet Quick Buy Expands Fiat Support to Include EUR/RUB/JPY Currencies
- CoinScan Emerges from Stealth with $6.3 Million in Funding
- Vestinda Bridges Web3 and Traditional Finance with Support for 100,000 Asset Pairs
- aelf Sets Up Global Hub in Singapore to Support Web3 Developer Ecosystem Growth
- OKX PARTNERS WITH SOLANA MOBILE TO BE AMONG THE FIRST EXCHANGE APP ON SAGA WEB3 SMARTPHONE
- nChain appoints Peter Coulson as its new group COO
- MAX Exchange and Bitget announce strategic partnership, marking MAX Token’s debut on an international exchange
- BingX Sponsored Hackathons in APAC for Web3 Talent Development
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- New digital assets and an updated UI/UX now available in the Telcoin App
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