World first ‘wine bank’ built on blockchain

The first and only Wine Bank in the world built on blockchain technology and cryptocurrencies will promote and exclusively sell premium Italian wines from a number of selected wineries.

The Italian Wine Crypto Bank (IWCB) is the result of the revolutionary merging of two worlds: the “traditional” world of Italian fine wines, its wineries, its distributors, its worldwide lovers, aficionados and collectors, and the world of digital assets and its blockchain technology.

The mission of the IWCB is to promote Italian fine wines to the world, as well as to generate substantial returns to its stakeholders, partner wineries, international distributors, aficionados around the world and investors, who will choose the digital asset tokens issued by IWCB (IWCBT), fully backed by the Italian fine wines IWCB reserve.

The first stage of the project started with the announcement of a webinar that introduced the initiative in mid-December last year targeting mainly Italian wineries which, if selected, are admitted to the IWCB without costs to them, they only will confer their fine wines.

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