WINEDEX.io

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Securing the digital wine revolution

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The Winedex.io project

In a global context of increasing prices of fine wines and intensifying trading, there has never been more need to improve the security and traceability of these transactions and to guarantee the authenticity of these wines. Supported by iDealwine, Europe’s leading online wine auctioneer and key playing in wine e-commerce, WINEDEX was developed in partnership with SYNVANCE, leading technology consultants. Dedicated to trading on the secondary market, particularly wines sold at auction and destined to wine enthusiasts, it will, in the future, be extended for use by producers and other professionals in the wine value chain, such as négociants and warehouse keepers.

"Bottles verified by iDealwine are equipped with an inviolable RFID TAG which permanently guarantees the link between the bottle of wine and the information contained and transferred in the blockchain"

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  • Cyrille Jomand, CEO

The Technical Solution

Throughout their lifespan, bottles of wine have a unique story to tell. Our ambition is to trace the life of a bottle of wine from its conception to its consumption, thanks to Blockchain technology. This is why iDealwine and Synvance have created WineDex: a blockchain built with the Ethereum network.

This innovation is based on Solidity smart contracts that allow to edit forgery-proof authenticity certificates. These contracts are supported by tokens (digital assets), guaranteeing unique identification and allowing to link the physical bottle to its digital information.

The Blockchain/RFID application allows you to obtain certified information and a certificate of authenticity if you own the bottle.

Secure

The Blockchain/RFID application allows you to obtain certified information and a certificate of authenticity if you own the bottle. The application is available on the Apple Store and Google Play. Secure An RFID chip is attached to the bottle’s capsule. These chips are destroyed if they are removed. Scanning the chip will show you the digital identity of a bottle at probative value. All the information regarding the bottle is stored in the WineDex blockchain and is forgery-proof: no one can modify the information.

Robust

The bottles are equipped with latest-generation RFID chips. They are secure and resist high levels of humidity. They have a lifespan of over 30 years and don’t alter the bottle if you decide to remove it.

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Upgradable

The smart contracts can evolve and be endowed with new criteria for authentication, such as GS1 CodeOnLine standards, further elements on past exchanges of the bottle or storage conditions.

Interoperable

Blockchain/RFID technology is aiming to bring technological innovation to the world of wine. This technology will benefit all actors in the wine value chain, whether that is on the secondary market with négociant houses, warehouses, private individuals and auction houses or the primary market, with winemakers, large houses and wine shops

How it works

Bottles are equipped with an inviolable RFID chip which allows to permanently guarantee the link between the bottle of wine and the information contained in the blockchain.

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Scan the WineDex chip

More than 90 fields regarding information on the wine (vintage, name...), the authenticated bottles (level, label, bottle...), the provenance (excluding personal information about the seller) are stored in the BlockChain.

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The buyer accesses information regarding the lot

The buyer has access to all the information regarding the lot and its certificate with name/last name and price. A third party (insurer, friend…) has access to all the information except price and the buyer’s name. High definition photos and other indicative factors stored solely on the blockchain allow to guarantee the authenticity of the bottle.

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Transmission (available late 2022)

When the bottle is sold or given, the application allows the user to follow the exchange, with the former and new owners connecting on the app, accepting the exchange – validated on iDealwine – supported by photographic proof of the bottle. Depending on changes in the condition of the bottle, a new authentication process can be necessary.

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The team behind the Winedex.io project

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iDealwine

The international platform for your wines

iDealwine.com is an international platform to sell, buy and estimate wine. Today, the iDealwine community includes almost 500,000 wine lovers in 120 countries.

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SYNVANCE

Management and technology consultants

Leading consultants in technology, for over 15 years, Synvance has been transforming its clients’ financial and operational management.

Application available

The WINEDEX app is available on Android and on iOS.

About iDealwine

iDealwine is an online platform that allows you to buy and sell rare, fine wines sourced by a passionate team, always on the lookout for new gems.

Created in 2000, iDealwine has offices in Europe and Asia (Hong Kong), 35 employees and is a key player in the world of fine wine sales. France’s leading online wine auction house (and second in the world), iDealwine also offers a vast selection of wines sourced directly from domains and available at fixed price.

Sell your wines

Free estimation

iDealwine offers free and confidential price estimates

60 buying countries

500,000 wine lovers from 60 countries

A complete service

Storage, insurance, delivery to the buyer

Several options

Auction or sell us your cellar at fixed price

Sell your wines