Wine Tech Archives

Cult Wines Americas – The Future of Fine Wine Investment [Part 1]

Articles, Bordeaux, Burgundy, California Wine, French Wine, News, Wine, Wine Economics, Wine Education, Wine Investment, Wine News, Wine Tech, Wine Technology, Wine Trends / lizpalmer

The “Silver Linings” are real when it comes to fine wine. Despite 2021 being an unprecedented year due to COVID lockdowns, volatile markets, and Brexit challenges, it has been a record-breaking year for fine wine investment. Both Champagne and Burgundy have an excellent final quarter, with Champagne gaining 22.98%, according to the Liv-ex Champagne 50 […]

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BlockBar NFT Gifting Platform Launches with 300 Bottles of Penfolds Wine

Articles, Digital Currency, Wine Economics, Wine Investment, Wine Review, Wine Tech, Wine Technology, Wine Trends, Wines of Australia / lizpalmer

BlockBar, the world’s first direct-to-consumer NFT platform for wine and spirits has just diversified further by launching a gifting capability comprised of 300 bottles of Penfolds. This new initiative lets the BlockBar community gift a highly coveted collectible wine or spirit connect the physical and digital world. In fact, BlockBar says the market for investing

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US E-Commerce Alcohol Sales Surpass $6bn in 2021

Articles, Beverage Marketing, Ecommerce, Uncategorized, Wine Economics, Wine News, Wine Tech, Wine Technology, Wine Trade, Wine Trends / lizpalmer

According to new data released by Rabobank their 2022 Alcohol E-commerce Playbook Report looked at the US alcohol e-commerce market and how it has grown since the start of the pandemic. The report forecasts that the online channel is set to be the biggest driver of industry growth for years to come. The report predicts

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Wine Industry Predictions for 2022 – Wine Intelligence

Articles, Ecommerce, News, Wine, Wine Education, Wine News, Wine Tech, Wine Technology, Wine Trade, Wine Trends / lizpalmer

Wine Intelligence, a global leader in wine consumer research and insights has come up with five predictions for 2022. Firstly, beverage alcohol has proven to be one of the most resilient product categories in the world in the Covid era, in part due to the industry’s ability to innovate and pivot from a largely restricted

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SOBAR: The World’s 1st Food Designed to Reduce Alcohol Absorption

Articles, Sergii Daragan, Wine News, Wine Tech / lizpalmer

Recently I attended a virtual Mixology Masterclass hosted by a SOBAR founder, Food Scientist Dr. Joseph Fisher and Mixologist and Bar Above founder, Chris Tunstall. What I learned was that SOBAR is a unique protein bar and is the world’s first food specifically designed to reduce alcohol absorption. How it works is that you eat

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“OIV must embrace the digital revolution to stay relevant” – Pau Roc, OIV Director General

Articles, Global Wine Evemts, News, Press Release, Wine, Wine Economics, Wine News, Wine Science, Wine Tech, Wine Technology, Wine Trade / lizpalmer

Pau Roc, the Director General of OIV has alerted the global wine industry to quickly embrace the opportunities afforded by new technologies, in order to stay relevant in a fiercely competitive world. Speaking at the recent inaugural symposium on the Digitalization of the Vine and Wine Sector, Pau Roca, Director General of the International

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The World’s First Wine Bank Launches Cryptocurrency

Articles, Digital Currency, Italian Wine, Wine Economics, Wine Tech, Wine Technology, Wine Trends, Wines of Italy / lizpalmer

The Italian Wine Crypto Bank (IWCB), the only global wine bank based on blockchain and cryptocurrency launched today (September 21, 2021) what it calls “the first cryptocurrency in the world entirely guaranteed by wine.” The coin used is called IWB and this evolutionary utility token is tradable through LATOKEN Exchange on the secondary market, particularly

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Wine Grounds Launches Machine Learning-Based Vintage Scores

AI, Articles, News, Wine, Wine and Food Pairings, Wine News, Wine Tech, Wine Technology, Wine Trends / lizpalmer

Wine Grounds announced this week a revolutionary new vintage quality feature to their food and wine pairing app, Grape Base. Their data-driven approach to determining the quality of a vintage allows industry professionals and consumers to see scores for any wine-growing region in the world. By utilizing machine learning and a proprietary weather model, Grape

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Moët Hennessy and Campari team up for joint venture ecomms business

Articles, Beverage Marketing, News, Wine Economics, Wine News, Wine Tech, Wine Technology, Wine Trade, Wine Trends / lizpalmer

Moët Hennessy has teamed up with Italian company Campari to launch a joint venture ecommerce business to sell premium wines and spirits across Europe. The new business venture will see both companies invest in the pure-play digital retailer, which will be based on Campari’s existing ecommerce channel Tannico, which was launched by the Italian drinks

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Global alcohol consumption will bounce back to pre-Covid levels by 2023

Airline Wine, Beverage Marketing, Technology, Uncategorized, Wine, Wine Economics, Wine News, Wine Tech, Wine Technology, Wine Trends / lizpalmer

Global alcohol consumption will return to pre-Covid levels by 2023, according to recent IWSR data, with the market already showing signs of recovery. Projected to grow by 2.9% in volume by the end of 2021, the research forecasts that total alcohol consumption will reach pre-Covid levels within two years and will continue to increase steadily until 2025.

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