Overstock.com's Medici Ventures Invests In VinX To Create Blockchain Wine Market

Medici Ventures has announced a strategic investment in a blockchain company called VinX which plans to create a token-based digital wine futures platform based on the Bordeaux futures model. This will allow for the selling and trading of wine futures on a transparent and secure blockchain. The spin off of this is that the supply-chain tracking on said blockchain will also aid in reducing fraud in high-end wines.

Daben Steele