Cripto24: Wine cryptocurrency is already on sale at Ripio Exchange

Cryptocurrency Token For A Bottle Of Wine On Sale At Ripio Exchange

Innovation, Investing | October 6, 2018 By:

Users of Ripio can now use the company’s crypto exchange to buy the MTB 18 token, a peculiar cryptoactive that combines blockchain technology and the wine industry.

MTB 18 represents the ownership of a bottle of wine bearing the same name , issued by the winery Costaflores. The wine will be available starting in 2021, so that anyone who has purchased a token can exchange it for its corresponding bottle. The total of the tokens created depends on the number of units resulting from each grape harvest.

The Costaflores winery is located in the province of Mendoza, in the region of Cuyo, Argentina. Its main differential is the use of information technology in all its processes. The vineyard is fully computerized thanks to the implementation of control systems developed on an open source automation system .

This allows the winery to have an accurate knowledge of climatic factors, irrigation regularity, and other relevant information. All this information, in addition, is available for users who can consult it and know the progress of the project.

Adding MTB 18 to its exchange , Ripio hopes to give more options to its users when it comes to buying cryptocurrencies. Ripio Exchange is a platform designed for trading , where those interested in this service only need to have their validated Ripio account to access and acquire this token in pesos.

This story was originally published in Spanish at Cripto247