Maureen Downey & Everledger Join Forces to Combat Counterfeit Wine with the Introduction of the Chai Wine Vault
LONDON, November 18, 2016 - Set to transform provenance tracking in the wine industry, authenticator Maureen Downey and emerging technology company Everledger are today introducing the Chai Wine Vault. A first of its kind solution in industry, the Chai Wine Vault ensures the value and protection of fine wine investments. The vault secures fine wine’s provenance and authenticity in an immutable digital ledger, powered by blockchain technology. A demonstration and further explanation of this complete solution to protect the provenance of fine and rare wine will take place on November 25 th , at 67 Pall Mall, London. “We’re starting to see the industry waking up to the impact of counterfeits in market but to date there hasn’t been a solution that could adequately verify a wine’s provenance,” says Maureen Downey, owner and founder of Chai Consulting LLC and world renowned authenticator of fine wine. “Wine certified on the Chai Wine Vault has a guarantee of authenticity, ensur...