This marketplace is attempting to disrupt high-end spirit and wine trading with blockchain tech

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The Block2023/12/20 13:40

By:The Block

Quick Take Baxus CEO Tzvi Wiesel explains how Baxus is innovating on luxury wine and spirit trading through blockchain technology.

This marketplace is attempting to disrupt high-end spirit and wine trading with blockchain tech image 0

Episode 106 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Baxus Founder CEO Tzvi Wiesel.

Listen below, and subscribe to The Scoop on Youtube , Apple , Spotify , Google Podcasts , Stitcher , or wherever you listen to podcasts. Please send feedback and revision requests to [email protected] .

Tzvi Wiesel is the founder and CEO of Baxus, a startup in the wine and spirits industry attempting to revolutionize the way these products are traded, authenticated and valued globally.

In this episode, Wiesel explains how his company leverages blockchain technology for ownership proof, authentication and secure storage — and how Baxus aims to address challenges like opaque pricing and legal complexities in the alcoholic beverage market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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