Fine Wine | WiV Technology

Fine Wine Trading Simplified

The process of trading fine wine on the global market can be complex. The WiV Technology will bring benefits to every part of the transaction.

Faster Trades

Execute, clear and settle trades in fine wine quickly and securely, without the need for bureaucratic paperwork.

Reduced Costs

Execute, clear and settle trades in fine wine at a fraction of the current transaction cost.

Secure Trades

Each wine asset is allocated a corresponding digital token that securely collects and stores information about the wine’s provenance and transaction history.

Fine Wine is a Unique Asset

Every bottle of fine wine is unique, but WiV will give vineyards, merchants and owners an opportunity to showcase their assets when they decide to make them available for trade.

And because the wines listed on our platform have their provenance transparently managed on the tamper-resistant blockchain, they can be sold with assurance and traded with confidence.

The WiV platform’s transparency makes it simple to explore the fine wines that are currently available and investigate the opportunities in new vintages and grapes.

Wine Producers

WiV gives expert wine producers around the world the opportunity to sell their wine at a fair, transparent price without incurring significant trading fees.

We have also focused on making the WiV platform simple to seamlessly integrate with existing systems through an application protocol interface (API), helping you understand and manage stock levels and market prices without adding additional steps to your existing processes.

Wine Asset Management

WiV stores wine in independent centralised, professionally managed storage facilities.

The facilities are fully insured, giving Wine Asset Managers confidence that the wine they are offering their clients has been properly looked-after and that any movement during the trading process is minimised. WiV offers Verification, Authentication and Provenance which no one else are able to.

Our platform gives you a clear understanding of where your specific cases are, how the market is evolving and where the opportunities could be.

Wine Merchants

WiV simplifies merchants’ processes with an API that integrates directly with existing systems.

The use of the secure, transparent blockchain means that you can have more certainty about a wine’s provenance that has been the case in the past, and lower total transaction costs means you can pass savings on to buyers as appropriate.

We will be offering the platform as either a white labelled solution or API to merchants, giving you the opportunity to significantly enhance your systems without incurring development or maintenance costs. WiV offers Verification, Authentication and Provenance which no one else are able to.

Wine Marketplaces

Fine wine always generates a lot of interest, but the trading market has always been opaque, slow and error prone.

The addition of WiV and the associated reduction in total transaction costs will create new opportunities for the market to grow. The transparency of the WiV Technology will enable traders to quickly and efficiently gain an understanding of their position, the provenance and value of the wines they own.

Trades can be cleared and settled far more quickly than has been possible in the past and you will be able to have a far wider view of the opportunities that the fine wine market has to offer.

How it works

WiV has created a system that integrates itself will all three aspects of the fine wine trade while also complementing rather than disrupting existing systems.

01. Pre-Trade

During the pre-trade process, the producer allocates a digital token to each bottle or case of wine that they intend to sell. These WiV Tokens collect and securely store provenance, enabling buyers to research wines that are available secure in the knowledge the information is held on a tamper-resistant global blockchain.

02. Trade

When it comes to the trade itself, the WiV Token means that transactions can be cleared and settled at the touch of a button, complete with authentications and tax liabilities taken into account. Not only does this massively reduce the time it takes to clear and settle a trade, automating many of the administrative tasks removes many of the third parties that have needed to be involved with a trade, potentially significantly reducing the total cost of a trade.

03. Post-Trade

Post-trade, every bottle of wine that has a WiV Token associated is professionally inusured and held in secure, expertly managed storage facilities. This minimises the physical movement of wine and helps ensure that it is maintained in peak condition, maintaining its value as a long term investment.

Interested in WiV Wine?

Please enter your details below