£0.00
January 11, 2021
0
New restriction
Bitcoin recorded its all-time high a few weeks back. It is gaining more investors day by day. It is in demand right now. From corporates to big investors want to cash on this opportunity. While Bitcoin is reaching new heights, shocking news came. Some banks in the UK decided to impose new restrictions on Bitcoin holders. This is applicable to all cryptocurrencies. This is first reported by The Sunday Times. Now, the banks will not accept any kind of transactions from Bitcoin exchanges. The banks will
not allow Bitcoin, Ethereum, and other cryptocurrencies. The banks will not accept any deposit from a crypto wallet into their bank accounts. The investors in the UK will not be able to buy cryptocurrency using their credit cards. Few big banks are also included in this list banning cryptocurrencies. One of the big banks is HSBC.
Its impact
HSBC is one of the largest banks in the UK. So, there is a high chance of impacting a large number of crypto holders. As per the new restriction, many investors in the UK will have to suffer. The investors will face a lot of problems, those holding with cryptocurrency. In addition to the above, there are a few more restrictions also. The users are not allowed to use their debit or credit cards for the purchase of any cryptocurrency. This will have a larger impact on the banking system in the UK. This is also a major setback for cryptocurrencies. It is bad news for the crypto world and its believers. Ran Neuner is a trader as well as the host of “Crypto Trader” at CNBC. He said that due to this restriction, many banks will run out of business. This restriction will have a negative impact on Bitcoin and cryptocurrencies. This may stop the surging value of Bitcoin for some time.
Strict measures against cryptocurrencies
From the beginning, the UK didn’t extend its support towards Bitcoin and cryptocurrencies. The UK is one of the hostile countries for the crypto industry. It is majorly for the retail investors holding cryptocurrency. The trading in BTC-based financial derivatives and cryptocurrency got banned in the UK. It happened in October 2020. This is as per the decision by their regulatory body, the Financial Conduct Authority (FCA).
FCA’s take on this
The Financial Conduct Authority (FCA) claimed that it is protecting the investors’ money. As per FCA, Bitcoin 
and other cryptocurrencies are assets that are not worthy of trust. It also considers that cryptocurrencies are prone to financial crime. Someone might be using it for illegal purposes. Accordingly to the US Treasury, cryptocurrencies are assets. But its usage could be for illegal and illicit activities. The Financial Crimes Enforcement Network (FinCEN) came up with a new regulation. This new regulation is against Bitcoin’s so-called “unhosted wallets”. This new rule by FinCEN received opposition from the complete crypto world. All these restrictions will create major complications for crypto holders. These restrictions could impact the new advancements happening in the crypto industry currently. However, regulatory bodies are trying to save the financial world.
January 9, 2021
The crypto world is growing day by day. More and more people are joining the crypto world every day. The value of cryptocurrency is reaching new heights. Big corporates to multi-millionaire investors are putting their money in it. Cryptocurrency is the next big thing. Many new investors are willing to get higher returns from it.
The interest in cryptocurrency is increasing. More people are showing their belief in digital currency. So, people are trying to cash on this opportunity. For buying and trading in cryptocurrency, one needs to choose a cryptocurrency exchange. A cryptocurrency exchange is an important 
platform for all cryptocurrency holders. Choosing the right cryptocurrency exchange is a vital step. Below is the list showing important aspects while selecting a cryptocurrency exchange.
Security
Security is the most important concern when it comes to cryptocurrency. Also, security is the primary aspect while selecting a cryptocurrency exchange. So, one has to do a lot of research before selecting an exchange. It is essential to choose a legitimate and secure platform for this purpose. Recently, there are a lot of scams that are coming into the picture. So, an authentic and safe cryptocurrency exchange is the only option.
Purchasing method
The method of purchasing and transacting differs among multiple platforms. Different exchanges have different ways of accepting deposits. Some accept bank transfers and some accept PayPal. If one is new to this crypto world, one has to choose the exchange accepting fiat currency. Moreover, the transaction time also differs between different platforms.
Supported tokens
Most of the cryptocurrency exchange support Bitcoin and Ethereum. There is a long list of digital currency present in the market. Binance supports a long list of altcoins. Coinbase supports only four cryptocurrencies. So, this is also a vital factor while making a choice.
Trading platform / P2P exchange / Broker
There are three types of cryptocurrency exchange. The trading platform is very common. Here the users place their orders for buying or selling cryptocurrency. P2P exchange is a more open type of exchange. Here the buyers and sellers interact directly and trade among themselves. Cryptocurrency brokers are different from the above. Here the brokers fix the price and the buyer can purchase as per his choices.
Fee structure
The fee structure and the transaction fees also vary among platforms. This is also a critical aspect. Some exchanges 
offer discounts. While some exchanges charge for trading, but the purchasing of tokens are free. So, exchanges have a variety of offers. Therefore, you should choose based on your requirements.
User interface and user experience
Another important aspect is the user interface and its functionalities. The interface should be user-friendly. From new to seasoned users, the user interface plays an important. It is essential for the user to understand the functionalities and use them at his convenience. Moreover, different people like different interfaces. Mostly, the exchanges with the best user experience see maximum growth.
So, the above-mentioned points are important while selecting a cryptocurrency exchange. All exchanges are different and they have different offerings for the users. So, it is important to understand your own priorities before selecting an exchange. It is good for one to choose an exchange that suits his criteria best.
January 6, 2021
Ethereum 2.0 and stalked pool
There are great expectations for the new Ethereum 2.0. The expected launch of Ethereum 2.0 will happen very soon. Also, the up-gradation will happen from the existing Ethereum network to the new Ethereum 2.0. The new ETH 2.0 comes with a lot of hope and promise. It will reduce network congestion. It will also come at a lesser cost. But there is a small problem here. Before the ETH 2.0 launch, the users have to lock or stake their ETH tokens in a smart contract. The use or 
movement of these tokens will not possible till the up-gradation is complete.
Curve Finance launched a new innovation. This technology will be helpful, during the up-gradation from ETH 1 to ETH 2.0. It will be easy for the users to support both the networks during the upgrade. Till now, the amount stalked in Ethereum 2.0 is tokens worth $2 Billion.
The process
The process starts with Lido’s stalking service. It got launched in October. With this service, the users will stake the ETH tokens and will receive stETH tokens. stETH tokens will be an asset of equal value as the ETH tokens. In this way, the users will stake the ETH tokens and as well as use them.
Lido got funding in December. It was able to raise $2 million. In addition, it got funding from venture capital firms. It also got help from Defi investors. Stani Kulechov of Aave lending protocol also funded Lido. Kain Warwick of the derivatives protocol Synthetix also supported Lido.
The problem
stETH tokens are the same in value as ETH tokens. However, all the protocols are not designed in a way to handle the new stETH tokens. So, the stETH holders will not be able to utilize all the finance applications in the same way as Ethereum. Few automated financial protocols will not support stETH tokens. these are issuing loans, swap between digital assets, and gaining interest on deposits.
The possible solution
Curve Finance is famous for its cost-effective swap technology. It helps the users to swap between digital currencies and other assets seamlessly. Recently, Curve Finance announced the launch of a new trading pool. 
This pool will support the swap between native ETH tokens and stETH tokens. Due to this, the users will be able to swap between the ethereum tokens with the least cost. So, the stETH holders can utilize all the finance applications in Defi. They will also be able to stake the ETH tokens for the upgrade to ETH 2.0 version.
This new Curve pool is an important part of the Ethereum development. All people interested in the development of the Ethereum blockchain will welcome this step. This will provide the users to utilize the tokens in both ways. The users can stake the tokens till the upgrade. Also, in the meantime, they will be using the tokens for all Defi applications. This is definitely a remarkable step in the crypto world. This technology will ensure the users to trust in the development of cryptocurrencies.
December 30, 2020
Raises $2 million
Vauld raised $2 million from Pantera, Coinbase Ventures, and others. It happened over a period of four months. Darshan Bathija is the CEO of the company. He said that the investors are happy. The reason is they are helping to build banking with cryptocurrencies.
Planning for the future
Slowly the cryptocurrency started to expand its wings. Many investors and companies are putting their money into it. Recently, the cryptocurrency market started to dominate the financial world and news. Expectations are high that 2021 might be the best year for cryptocurrency. So, the Vauld team 
started to plan to expand its team. The team is using the funds and planning to increase its team size. The team is expanding from 7 to more than 20. The planning is for having an influential presence in the market. The bank provides better interest rates on the customer’s deposits. The interest ranges from 3% to 11%. It also offers loans on cryptocurrency. Exchange facilities are also available in the bank.
started to plan to expand its team. The team is using the funds and planning to increase its team size. The team is expanding from 7 to more than 20. The planning is for having an influential presence in the market. The bank provides better interest rates on the customer’s deposits. The interest ranges from 3% to 11%. It also offers loans on cryptocurrency. Exchange facilities are also available in the bank. The team at Vauld is expecting to double these interest rates recently. This will yield higher returns. The bank’s primary customers are high net-worth individuals. The CEO said that the customers want better returns. This would not incur capital gains liability.
Quick and calculated steps
The bank’s team said that it will continue to remain friendly with beginners. This will help to get new investors to come and participate in the market. The bank also knows the primary concerns of the beginners. The major issues are the security and safety of the funds. Security is the topmost priority when it comes to cryptocurrency. Moreover, safe access to funds is also a concern. Due to this reason, Vauld partnered with BitGo. BitGo is one of the trusted and reputed brands. In the crypto world, it is a leading brand for wallets. Its wallets are also insured with a sum of $100 million.
Legal perspective
It is already known that there is a lot of ambiguity in cryptocurrency. There is no proper rules and regulations for it. 
Different countries and states follow different policies for them. The regulatory policies are getting changed very frequently. So, the team at Vauld said that they are working closely on this. They are working with the commodities and regulators. They and their partners will be fully compliant with the regulators.
Different countries and states follow different policies for them. The regulatory policies are getting changed very frequently. So, the team at Vauld said that they are working closely on this. They are working with the commodities and regulators. They and their partners will be fully compliant with the regulators. Creating hold on India
The company started to plan for expanding its operations in India. Currently, it is focusing on hiring more people in India. The plan is to open more branches all over the country. It wants to hire more engineering resources for its development. Its main aim is to make cryptocurrency popular. It is trying to make cryptocurrency a preferred option for banking.
Vauld is a bank dealing with cryptocurrencies. It offers the same kind of products and services as a normal bank. Customers can lend, borrow, and trade with cryptocurrencies. Two eminent personalities run the bank. Darshan Bhatija is the CEO of the bank. Sanju Sony Kurian is the co-founder and CTO of the bank.
December 28, 2020
The case
The US Securities and Exchange Commission (SEC) ordered another company for its fraud. This time, it is Tierion. The SEC sued the company for the violation of security laws. As per SEC, the company offered its TNT tokens without registration. This was during the initial coin offering (ICO).
Tierion
Tierion is a Blockchain technology company. It got established in 2015. After that, it started as a SaaS (Software as a Service) company. It focuses on an application for creating Blockchain receipts by using 
Chainpoint protocol. The company marketed the application to various industries. The industries include healthcare, financial services, and many others. The company sold 350 million digital tokens for $25 million. The digital tokens are Tierion Network Tokens or TNT. The tokens got sold through “Token in July 2017.
Chainpoint protocol. The company marketed the application to various industries. The industries include healthcare, financial services, and many others. The company sold 350 million digital tokens for $25 million. The digital tokens are Tierion Network Tokens or TNT. The tokens got sold through “Token in July 2017. The allegations
A cease and desist order got issued against the company. The commission ordered the company to refund all the tokens to its investors. The company raised $25 million by selling TNT tokens. As per the order, Tierion needs to refund all the funds to its investors. The company has to pay a fine of $250,000. Moreover, it can’t sell the tokens on the secondary market.
As per SEC, the digital tokens come under the category of securities. The registration of these securities with the SEC is a must. However, the company failed to register the tokens with the regulator. The US Securities and Exchange Commission (SEC) pointed out the following. Since 2015, Tierion is in business. In 2017, the tokens were on sale. At this point in time, the Tierion Network was still in the development stage. So, investors should have understood this. They were actually supporting the development of the Tierion Network. The money generated will go into continuous development.
The company agreed to the settlement with the SEC. However, Tierion didn’t agree or deny the allegations levied by the commission.
The investors
As per the order, the SEC declared the tokens as unregistered and denied for the future sale. Now, the tokens do not have any value. Hence, the company has to refund the money to its investors. So, the investors should approach the company for a refund within 60 days. The company has to return the actual 
principal. Along with that, it will also give interest on the principal amount. The same is applicable for all TNT holders also. The node operators received the tokens as compensation. They should return the tokens to Tierion for 0.01 cent plus interest.
principal. Along with that, it will also give interest on the principal amount. The same is applicable for all TNT holders also. The node operators received the tokens as compensation. They should return the tokens to Tierion for 0.01 cent plus interest. Conclusion
Wayne Vaughan is the founder and CEO of Tierion. He said that the project will definitely go on in spite of the order summoned by the commission. The settlement allows the company to complete the retirement of TNT tokens. There will be no impact on Tierion’s products or open-source software. He also added that the company will move ahead without any heavy regulatory burden.
Recently, The US Securities and Exchange Commission started to target initial coin offerings. Similar allegations of securities law violations against companies are coming in to picture.
December 24, 2020
A cryptocurrency wallet and a normal bank account are similar in many ways. However, the differences are also significant. The transactions with cryptocurrency are irreversible. Due to this, there is a requirement for a high level of security.
Things to consider while choosing a wallet
It is very essential to know certain things while choosing a cryptocurrency wallet. Also, it is important to understand the way it works. Below are the steps required to follow while setting up a 
cryptocurrency wallet.
cryptocurrency wallet. 1. Choose the type of wallet – desktop, mobile, or hardware.
2. Buying or downloading the wallet.
3. Installation of the software.
4. Setting up the account
5. Storing cryptocurrency.
The above steps can ensure the safety and security of the cryptocurrencies of the user.
Deciding on the right wallet
It is very important to understand the reason behind choosing the wallet. The need for the wallet matters the most. Different types of wallets get used for different purposes. The consideration of a few things is necessary. The storage of bitcoin or cryptocurrency is important. In addition, the duration is also essential. Security is a very crucial aspect. The security of the wallet is obviously the topmost priority.
Setting up a hardware wallet
This takes a lot of time. This is also the most secure form of wallet. There is added security. Storage in hardware devices makes it more secure. It is much more secure than online wallets. It is offline in nature. So, it is less prone to malware attacks by hackers.
After purchasing the hardware wallet, one can follow a few simple instructions to set it up. Majorly, it is a three-step process.
1. Download the software on the computer or mobile.
2. Write the recovery paraphrase of your private key.
3. Connecting the hardware with the software.
Setting up a mobile wallet
It is very easy to set up a mobile wallet. First of all, one has to choose a mobile cryptocurrency wallet. One needs to download and install it from the app store. It’s important to do a backup of the private keys on a physical device. This comes with a 12 or 24 letter paraphrase. Its usage is for the recovery process. Most mobile wallets provide instant access to cryptocurrency payments. There is only one disadvantage to this wallet. 
There is no customer care or support available if one loses the password of the wallet. Therefore, there will be no help available in this case and one will lose all his money.
There is no customer care or support available if one loses the password of the wallet. Therefore, there will be no help available in this case and one will lose all his money.Setting up a desktop wallet
It is similar to setting up a mobile wallet. First, one has to choose the appropriate wallet. Then one has to download and install the wallet on the desktop. Here also, one has to back up the paraphrase physically and secure it safely. Desktop wallets provide more features than other types of wallets. They give better graphical representation of the usage and tracking. One can track the value of the cryptocurrency in multiple ways.
Conclusion
To summarize it all, there are different types of wallets available. However, one can choose the wallet based on the requirements and usage.
December 23, 2020
The case
The Securities and Exchange Commission filed a civil case against Ripple Labs Inc. It claimed that Ripple Labs violated investor protection laws. This happened when the company sold a cryptocurrency called XRP. This is one of the high profile actions taken by SEC against a cryptocurrency pioneer. Meanwhile, Ripple Labs CEO Brad Garlinghouse is about to leave the company.
Ripple Labs and XRP
Ripple Labs Inc. is an American company. It is a technology-based company. It works on the technology of the development of Ripple payment protocol and exchange network. Originally, 
its name was Opencoin. XRP is a cryptocurrency currency created by Ripple Labs. It is a digital asset used for payments. Moreover, it doesn’t involve blockchain and mining. It has a fixed number of tokens – 100 billion. In addition, it is popular with banks and financial institutions. By market value, it is the third-largest cryptocurrency. It’s price increased more than twice its value this year.
its name was Opencoin. XRP is a cryptocurrency currency created by Ripple Labs. It is a digital asset used for payments. Moreover, it doesn’t involve blockchain and mining. It has a fixed number of tokens – 100 billion. In addition, it is popular with banks and financial institutions. By market value, it is the third-largest cryptocurrency. It’s price increased more than twice its value this year. The allegations
SEC charged Garlinghouse and Larsen for offering securities in an illegal way. Chris Larsen is the co-founder of the company. The commission told that they sold more than 14.6 billion XRP tokens. The sale was through an unregistered offering. This has been going on since 2013. The XRP tokens sold worth $1.38 billion. 
The commission added that Garlinghouse personally sold XRP worth $150 million. Larsen also sold XRP tokens worth $450 million. The officers in the company told that they are planning to fight the claims. Garlinghouse said that the commission is wrong in its matter of facts.
The commission added that Garlinghouse personally sold XRP worth $150 million. Larsen also sold XRP tokens worth $450 million. The officers in the company told that they are planning to fight the claims. Garlinghouse said that the commission is wrong in its matter of facts. The case is whether XRP, security that needs registration with SEC. It is because XRP is a digital asset. While registering with the SEC, the company provides certain information. They are the business model, risks involved, financial condition. The commission reviews the information and provides feedback. The commission mentioned the below findings. The company created an information vacuum. Only two members had full control over it. They are Larsen and Garlinghouse. They sold XRP in the market in such a way that they shared the information they wanted to share.
The SEC is asking the court to force the company to stop violating securities laws. They have to pay a small percentage of their profits as well as penalties. They should prohibit themselves from selling digital asset securities.
December 22, 2020
Ledger hardware wallet
A hardware wallet is a virtual wallet for cryptocurrency. This wallet stores the user’s private keys safely in a hardware device. The private key is a piece of important and critical information. After that, its usage is for verification of outgoing transactions. The major goal of these wallets is to provide complete security to its user. It aims that the private key information can’t get stolen from the computer or smartphone. Ledger is a company that manufactures these wallets. The company uses high-end technology to provide a high level of security to its users. In addition, they provide complete ownership and control of these wallets to their users.
Hacking of customer data
Recently, the hacking user’s personal information came into the picture. This information is from the Ledger hardware wallet. More than 1 million customer data got stolen. The data includes 
email addresses, first and last names. In addition, it also contains the customer’s phone numbers and postal addresses. After hacking, the information got published in RaidForums. RaidForums is a place where the customer’s sensitive information gets sold or shared. In addition, 1 million email addresses got published. 272,000 customer’s sensitive data also got published there.
The damage is much higher than the company expected. It happened on 25th June 2020. The company made a public announcement after it knew about the security breach. The company announced that the data shared was only 9500 customer’s information. However, it turned out that a huge amount of customer information is out in the open. The chances of misusing this data are very high. Hackers and fraudsters are mostly waiting for such opportunities. They have started to blackmail Ledger user’s to get their money. Already frauds and scams have begun to arise. Therefore, ledger users are at great risk as their sensitive information got compromised.
Scams followed
One of the Ledger users posted a message regarding this. He warned others that he is being targeted by fraudsters. 
They have his email address and phone number. In addition, they blackmailed him asking him to pay $500 for a wallet. Above all, they told that they are aware of his postal address. They also threatened him to show up when he least expects it. This incident is very serious. Also, this could cause serious damage to users. The users might lose their money. This could lead to some grievous consequences.
Next Step
Now, the situation is out of the company’s hands. The damage done can not reverse. The only advice Ledger can give is to check the phishing attacks. However, the fraudsters have the customer’s data and they will try to misuse it very easily.
To check this, Ledger came up with a website. This website provides an overview of phishing attacks that happened to date. This could help users so that they will not fall into the scamsters trap. As per Ledger, it has stopped 171 phishing websites that could use this data. This got implemented on the day of the breach. Only the future can tell how long the company will be able to protect its customer’s information.
December 21, 2020
Elon Reeve Musk is a renowned entrepreneur and innovator. He is a business magnate and industrial designer. He is the mind behind multiple innovations and the founder of multiple companies. After that, he started Zip2. It is a web software company. He co-founded this company. Later Compaq took over this company in 1999.
Then he founded X.com. It was an online bank. This company merged with Confinity in 2000. Afterward, in 2002, he founded SpaceX. This company is into aerospace manufacturing and 
space transportation services. The company is into manufacturing and launching advanced rockets and space crafts.
space transportation services. The company is into manufacturing and launching advanced rockets and space crafts. The major goal of this company is to reduce the cost of space travel. This company brought a major revolution in space technology. Musk is the CEO as well as the lead designer of the company. Then he got into Tesla Motors.
He became the product architect of the company. In 2008, he became the CEO of the company. Tesla is an electric vehicle manufacturing company. It is also into clean energy production. The company produces electric cars, solar panels, and related products and services.
In 2006, he got himself involved in the creation of SolarCity. It is a solar energy services company. Later the company became a subsidiary of Tesla. He co-founded OpenAI in 2015. It is a nonprofit research organization.
It basically promotes friendly artificial intelligence. In 2016, he co-founded Neuralink and The Boring Company. Neuralink is a neurotechnology company. It aims at developing brain-computer interfaces. The Boring Company is into infrastructure and tunnel construction. It is into the creation of tunnels, specially designed for electric vehicles.
Musk’s interest in Bitcoin
On Twitter, Musk inquired about converting Tesla’s large transactions into Bitcoins. In the last few days, Tesla’s share price rose exponentially. Tesla’s much-anticipated entry into the S&P 500 index created a stir in the market. Due to this, it is attracting more and more investors. In turn, the shares prices recorded 
an all-time high for the company. Meanwhile, Bitcoin also passed the $20,000 USD mark last week. The price is at $24,299.75 USD on Sunday. This is also a new record for a long time. So, Musk was thinking to convert his current fortune into Bitcoins.
an all-time high for the company. Meanwhile, Bitcoin also passed the $20,000 USD mark last week. The price is at $24,299.75 USD on Sunday. This is also a new record for a long time. So, Musk was thinking to convert his current fortune into Bitcoins. Saylor’s reply
Michael Saylor tweeted to invest in Bitcoin in reply to Musk. Saylor is the CEO of Microstrategy. He encouraged Musk to invest his US dollars into Bitcoins. He informed that Musk will do a $100 billion USD favor to his stakeholders in this way. After that, he also added that many firms will follow his lead. Bitcoin will attract more investors. This, in turn, makes Musk’s investment grow to $1 trillion USD. This will also be in favor of his stakeholders.
Conclusion
Musk also inquired if such large transactions are even possible. Saylor replied in the affirmative. He told that he has put $1.3 billion USD into Bitcoin. Saylor also offered to share his playbook offline. Many other investors also assured about its possibility. Due to the increasing value of Bitcoin, many firms are taking it into consideration.
December 15, 2020
eProvenance provides advanced technology solutions to preserve the high quality of wines. Apart from wines, it deals with perishable goods like fine arts, and other goods. Its technology helps to monitor and analyze various factors. They are temperature, humidity, and geolocation of the goods. The company provides advanced solutions to its clients. The company monitors the temperature, humidity, and geolocation of goods during storage and shipment. This actually helps its clients to know if the shipment gets damaged during transit. The clients know the status of the shipment through an 
online dashboard. To access the dashboard, the clients need a computer, tablet, or smartphone. The company works with a large number of producers, importers, transporters across 65 countries. The company owns the patents for its technology.
online dashboard. To access the dashboard, the clients need a computer, tablet, or smartphone. The company works with a large number of producers, importers, transporters across 65 countries. The company owns the patents for its technology. IBM Blockchain
IBM is one of the leading blockchain providers across the globe. The company is the leader in open-source blockchain solutions. Due to this technology, the company provides the best cryptography to secure transactions. The company is implementing this technology in a number of different sectors. This technology is cloud-based. This technology provides all possible opportunities for the clients. They can develop, operate, and secure their own networks.
VinAssure – Blockchain-powered wine platform
VinAssure is the technology built on IBM’s blockchain transparency supply. It operates on the IBM cloud. In addition, it combines advanced technologies like blockchain, artificial intelligence, and the cloud. It is to give better results. It is for providing accurate information during shipment. The clients will have access to more information during the transit of wine.
The usage of this technology has a large group of consumers. They are wine producers, importers, distributors, and others. It will provide better access for tracking. Also, it shows its efficiency at any point in time. Hence, increasing the profit in the wine supply chain.
The first company to use this technology is De Maison Selections. It is a US-based company. It specializes in importing wines, ciders, and spirits from Spain and France. Other wine industries using this technology are Ste. Michelle Wine Estates and Maison Sichel.
The CEO of eProvenance is Robin Grumman-Vogt. He said that nobody would like a bottle of wine, which is 
not of good quality. This happens when proper temperature conditions are not maintained during shipment. So, VinAssure helps to provide clarity to this complicated process of the supply chain. There are a lot of factors involved in the wine industry ecosystem.
not of good quality. This happens when proper temperature conditions are not maintained during shipment. So, VinAssure helps to provide clarity to this complicated process of the supply chain. There are a lot of factors involved in the wine industry ecosystem. Conclusion
eProvenance is an eminent technology innovator in the field of the wine industry. Its technology is to keep the wine fresh and of good quality. It maintains the temperature, humidity, and other factors. This is to make sure the wine is in good condition. All these factors are present during the storage and shipment of wines around the world. The tracking of the quality of wines is from its origin and till it reaches the end-users. For better results, blockchain is one of the best solutions. It provides transparency to the whole process of the supply chain. In turn, the best quality wine reaches the end-users. It reflects the immense effort from the production of wine till it reaches the consumer.