Wine Fraud: Up to 20% Global
This is a Hong Kong news story, published by Wired, that relates primarily to Aryballe news.
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wine fraudWired
•Your Fancy Wine Could Well Be Fake. Some Are Hoping to Sniff Out a Solution
75% Informative
Experts estimate as much as a fifth of all wine sold around the world could be fake.
Crurated offers winemakers a system where they can register bottles as soon as they are produced, associating each one with an NFT .
It operates a warehouse in Burgundy as well as one in Hong Kong , storing wines both for distribution and on behalf of individual owners.
Crurated ’s system doesn’t prevent dedicated fraudsters switching out the contents of a bottle.
Gaetano admits that trustworthy authentication comes from never allowing the wine's whereabouts to be unaccounted for.
The olfactory route is one already being taken in other industries, with proven results in detecting inauthentic perfumes and fake sneakers.
Aryballe , to date, has not commercialized its technology in the wine world.
Each test would require a reference aroma to compare with the subject bottle.
Ultimately, a foolproof test for fake wine remains a far-off idea.
But the combined weight of scientific endeavour being applied to the problem should mean the next Rudy Kurniawan is stopped.
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