#NEM Blockchain Platform to Facilitate Wine Distribution Chain Tracking

Wine industry continues to lose hundreds of millions of dollars because of counterfeit products, in addition to theft and adulteration.

#Symbol, an enterprise level blockchain venture backed by #NEM platform is offering blockchain technology against the backdrop of increasing irregularities in wine poductions, as per a blog post by NEM two days back.

Symbol has created a blockchain solution that can monitor and validate huge number of trades per second.

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