LONDON--(BUSINESS WIRE)--IG Wines has today announced a new partnership with tech firm Mattereum to create digital tokens for high-value wine and whisky.
The partnership will leverage Mattereum’s industry-leading technological innovations such as the Mattereum Asset Passport and Trustable Non-Fungible Tokens (NFTs) to use the blockchain to revolutionise how high-value wine and whisky are bought and sold.
The fine wine merchant will work with Mattereum on two groundbreaking projects, the first of which will onboard casks of whisky and open up shared ownership to a larger pool of investors and traders. Specifically created Mattereum Asset Passports that bundle together legal rights and guarantees will show clear and transparent lines of ownership of each cask, increasing confidence among buyers and sellers alike and ultimately boosting their value.
Trustable NFTs - digital tokens that denote ownership of physical goods - will also be created for high-value wine, guaranteeing the...
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