ChatGPT just passed three of the Master Sommelier theory exams. ChatGPT is a chatbot – a computer program designed to simulate a conversation with a...
By digitizing the wine production process and writing the necessary data to the blockchain, users and appraisers will be able to get comprehensive information about...
Blockchains have a secure mechanism that is utilized to attain agreement on every block state of the blockchain ecosystem… TRANSPARENCY Chapter 2 — Part 3 #Blockchain #Web3 In this series of articles, I try to understand the implications of topics related to Traceability (chapter 1), Transparency (chapter 2), and Decentralization (chapter 3). These themes may be considered as antonymous with the wine...
Blockchain is poised to transform every industry and managerial function—redefining the ways we transact online, share ideas, and manage workflows… TRANSPARENCY Chapter 2 — PART...
The new version of the internet will be based on a decentralised ledger technology, commonly known as blockchain technology… TRANSPARENCY Chapter 2 — Part 1...
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The challenge posed is twofold: to achieve a more environmentally responsible production and simultaneously respond to new market trends with wines of lower alcohol content and rich aromatic profiles. TRACEABILITY Chapter 1 — Part 6 #DigitalTwins In this series of articles, I try to understand the implications of topics related to traceability (chapter 1), transparency (chapter 2), and decentralization (chapter 3). These...
All 27 EU Member States committed to turning the EU into the first climate neutral continent by 2050… TRACEABILITY Chapter 1 — Part 5 #Sustainability...
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The IoT can be used to create an intelligent network in which all its members are constantly communicating and transmitting information with each other —...
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Several companies specialized in physical traceability and protection propose the use of patented proprietary smart QR codes… TRACEABILITY Chapter 1 — Part 3 #QRCode #NFC In this series of articles, I try to understand the implications of topics related to traceability (chapter 1), transparency (chapter 2), and decentralization (chapter 3). These themes may be considered as antonymous with the wine industry.In the...
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In 2017, the European Commission invited the alcohol beverages industry to respond to consumers’ expectations… TRACEABILITY Chapter 1 — Part 2 #AugmentedReality #QRCode In this...
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The Regulation aims to enable consumers to have greater confidence in the food safety approvals process by improving the transparency of EU risk assessments in...
The EU wants to become an innovator in blockchain and a home to significant platforms, applications and companies. “Blockchain technology allows people and organisations who may not know or trust each other to collectively agree on and permanently record information without a third-party authority. By creating trust in data in ways that were not possible before, blockchain has the potential to revolutionise...
Metaverse’s potential to unleash the next wave of digital disruption seems increasingly clear, with real-life benefits already emerging for early adopting users and companies. As...
The need for explicability is not new! Charles Peirce, an American philosopher and logician, introduced abductive reasoning, i.e. the search for explanations. 3/3. I am...
The decentralized approach of blockchain allows for tracking and reporting of reductions in greenhouse gas emissions along the entire supply chain, including manufactures, suppliers, distributors and consumers. 3/3. We are publishing a series of three articles dealing with blockchain and the environment. The first article sets the basics: the impact of blockchain (energy consumption, measuring the environmental footprint). The second article highlights...
The benefits of blockchain technology range from saving time and money to making documents more secure, further enhanced by encryption and sharing data across the...
2/3. I am publishing a series of three articles dealing with blockchain and the environment. The first article pose les bases : l’impact de la...
60% of stakeholders worldwide consider the environmental impact of blockchains is important (or very important). On the contrary, only 20% of blockchain players consider this issue as “not important”. 1/3. I am publishing a series of three articles dealing with blockchain and the environment. The first article sets the basics: the impact of blockchain (energy consumption, measuring the environmental footprint). The second...
What is changing with Web 3.0? Analyzing emerging technological, commercial and societal trends allows you to anticipate and prepare for possible futures. This exploratory role...
Historically, grid operators have provided the physical infrastructure to enhance electrical power usage and relieve reliance on carbon energy consumption. From Greenwashing to Green Proofs...
McKinsey and EY-Parthenon surveys confirm that the future will belong to companies that put technology at the center of their outlook, capabilities, and leadership mandate. Globally, 10% of companies have succeeded in industrializing AI-based solutions in their company and 30% have carried out experiments. McKinsey’s latest survey confirms that the future will belong to companies that put technology at the center of...
What do internal functions as diverse as risk assessment, capital-expenditure planning, and workforce planning have in common? Each is fundamentally about understanding demand — making...
The use of artificial intelligence (AI) is diffusing, making it one of the broadest technological revolutions ever. Blockchain technology has the unique ability to improve...
When digital twins synchronize the physical and the virtual. Since the technology to purchase goods over the internet was first introduced, there has been a divide between the real world and the digital world. Buying goods in traditional brick-and-mortar stores gives shoppers the ability to physically touch or try on products prior to purchasing. E-commerce shopping forgoes the physical aspect of traditional...
2/3. We are publishing a series of three articles dealing with artificial intelligence. The first article reflects on the biases of AI. The second article...
As consumer behaviors shift towards greener and more sustainable products due to climate change awareness, companies are increasingly looking to integrate a more sustainable approach...
Blockchain is not an immature technology anymore, leading international enterprises are piloting applications built using blockchain technology and enterprise investments in blockchain solutions are now exceeding $20 billion. We have to turn to the blockchain, otherwise it would be fatal. Alibaba founder Jack Ma, 2018 AntChain, formerly Ant Blockchain is “a new technology brand for Ant Group’s blockchain-based solutions that also aggregates...
1/3. We are publishing a series of three articles dealing with artificial intelligence. The first article reflects on the biases of AI. The second article...
Across industries, value chains are facing increasing uncertainty from climatic anomalies, geopolitical tensions, and the COVID-19 pandemic, among other factors. Industries as diverse as agriculture,...
Amazon provided information on Amazon Managed Blockchain and Amazon Quantum Ledger Database (QLDB) . Amazon does seem to be moving forward based on a clear understanding of the different benefits of ledgers and blockchain. This move is following increased competition from other giants such as Meta (formerly known as Facebook) recruiting their own team of experts to create a “metaverse”, which in...
When innovation is not created directly by the GAFAM, thanks to their considerable talent pool, it is either captured (Facebook with Instagram and WhatsApp, Microsoft...
Winegrowers will be able to apply AI in winemaking whether it is against rot (botrytis cinerea). AI also open huge fields in the accompaniment of...
An experience good is a product or service with the following characteristics – quality and price – are difficult to observe in advance but can be ascertained upon consumption. 2/3. In this series of articles, I have been analyzing the relationship between wine, personalization and AI. In the first article, I have been reviewing different AI to personalize the wine experience for...
In 2021, Vivino built AI on top of all their review and profile data to create algorithms that generate a personalized match score for every...
Times are changing fast. We conducted market surveys in every key markets in Asia, in North America, and in Europe. As CEO of MiBD MARKET,...
Over the last few months we have seen how the news and emerging technology trends have focused on a term unknown to many until recently: the metaverse. It has ceased to be something more belonging to science fiction and is becoming a virtual reality and also physical for many companies that have joined the race to launch their own metaverse proposals. The...
With data and algorithms, companies in the sector can put themselves in the shoes of their consumers and always manage to offer them the products...
SVB has been making public forecasts in this report for 21 years. The 2020 report was a challenge for Silicon Valley Bank (SVB), as it...
The drinks industry lives and breathes by the effectiveness of its supply chain and its ability to take products from producers and brand owners all over the world and distribute them directly to the businesses that need to sell them. READ MORE Blockchain: the Future of Wine? An irreversible chain. A disruptive force in business The growth of global commerce has created...
72%
Wine Market Attractiveness
Austrians are big wine consumers. In general, consumers are turning to quality products at the expense of low-end products. Helped by strong purchasing power, Austrians...
Carrefour aims to be the European leader in Data & Retail Media. On November 2021, the group has announced its digital strategy. This strategy is...
Enforcement efforts around the country have revealed that states grapple with the harmful impacts of non-compliance in the direct-to-consumer alcohol shipping market. While many shippers respect state laws, there are actors that ship alcohol to consumers by taking advantage of loopholes to evade compliance. ALSO READ World wine trade will be slow Direct-to-consumer (DTC) shipping has become increasingly common in recent years....
Imagine if the wine business could digitally eliminate fraud. Or if winemakers could geolocate precisely when and where their wines are being enjoyed, or whether...
Some wine producers have become adept at leading online tastings and giving people virtual tours of their vineyards and cellars, because it helps consumers connect...
78%
Wine Market Attractiveness
Denmark is the only open Nordic wine market without a monopoly. In 2018 according to the Danish authorities, the wine market is a platform for re-exports to other Nordic countries. Danish consumers prefer red wines while whites are gaining more and more ground, as is rosé wine, which is appreciated especially in the summer. RATE THE DANISH WINE MARKET ATTRACTIVENESS Denmark is...
Artificial intelligence (AI) has emerged as a game-changing technological force disrupting industries ranging from retail to media. But can big data and complex algorithms transform...
Rumours began to swirl earlier this summer that FMV, the wholesale arm of fine wine merchant Berry Bros & Rudd, was in trouble. The extensive...
Chinese e-commerce giant JD.com gives the starting signal for its European expansion: in the Dutch province of Limburg, the logistics specialist opened a distribution centre of 18,000 square metres in April 2021. JD.com has been trying to enter Europe for years, but it has not done so without a struggle. In 2018, the e-commerce giant was very close to opening an office in...
81%
Wine Market Attractiveness
Less frequent purchases and, above all, in smaller quantities quantity: this is the face of wine consumption in France as shown by the panels. Wine,...
University at Buffalo – UB researchers Yingjie Hu, Brian M. Quigley and Dane Taylor present these findings in the open-access journal PLOS ONE on Dec....
