VeChain tapped to provide transparency for China’s wine trade

A VeChain-powered ($VET) wine traceability platform now oversees more than 20 wines in Shanghai’s Pilot Free Trade Zone, according to a company statement on Tuesday. To combat the illicit Chinese wine trade, major regional importer Shanghai Waigaoqiao Direct Imported Goods Co (D.I.G.) partnered with VeChainThor to develop an authenticating system for luxury wines.

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