Saturday, 3 September 2022

Phygital Wine NFTs – WIVA by WiV Technology Merges Wine Collecting with the Blockchain (TrendHunter.com)

‘WIVA’ by WiV Technology is a blockchain-powered solution for digital and physical collectors of rare wine assets. Wiv Technology believes that its platform solves three main issues of the physical asset trading industry. These issues are those of transparency, ease of use, and range of opportunities. When looking at a physical asset, it can be difficult to determine the item’s origin, its trading history, and many other metrics such as this. With WIVA, the entire asset is transparent due to the blockchain integration.

In terms of ease and opportunities, the fact that WiV Technology offers a single location for physical asset trading solutions means it is far easier for individuals in the community to collect, bid, and trade the digital twins of their physical items. The digital twins are then tied to their physical counterparts, meaning the entire trading process is made more efficient, transparent, and user-friendly.

Image Credit: WiV Technology

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