As WiV Technology pushes forward our vision for a secure and safe transactions of unique assets, we are incredibly excited to announce our grant approval from the Web3 Foundation.
We are humbled and excited to receive support from the Web3 Foundation and look forward to collaborating with teams in the Web3 and Polkadot ecosystem.
This grant not only serves as a validation of our team and solution but it’s also an opportunity to be a significant contributor and early adopter of an ecosystem poised to revolutionise the way blockchain technology is used and applied.
What we will do
We will build a supply chain for tracing unique assets for Substrate/Polkadot.
This supply chain is something WiV is planning to use as a service to expand its core product (see our website). Our vision is to first develop this as a Substrate runtime module. A module that works as a basic supply chain for general purpose. Creating a standard for tokenizing unique assets on Polkadot. Worth to mention that the community engagement program only consider funding companies and teams with an established track record of successful community engagement work.
About Web3 Foundation
The Web3 Foundation nurtures and stewards technologies and applications in the fields of decentralized web software protocols, particularly those which utilize modern cryptographic methods to safeguard decentralization, to the benefit and for the stability of the Web 3.0 ecosystem. Web3 Foundation was founded by Dr. Gavin Wood, the Co-founder and former CTO of Ethereum, CTO and Chairman of Parity Tehcnologies and the author of the Polkadot paper, his vision of a heterogeneous multi-chain framework.
Polkadot is built to connect private and consortium chains, public and permissionless networks, oracles, and future technologies that are yet to be created. Polkadot facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. Polkadot is the first project by Web3 Foundation, the Swiss Foundation founded to facilitate a fully functional and user-friendly decentralized web.
About WiV Technology
WiV Technology is a blockchain-based trading platform. With experts based in London, Oslo and Singapore, WiV will enhance buyer, seller and producer relationships and create a trusted global marketplace. WiV will make it easier for producers and merchants to offer their wines, distributors to know where specific bottles are and buyers to understand the provenance of what they are buying. WiV Technology will be working with producers to tokenise entire vintages of investment grade wine, greatly increasing the volume of wine assets on the platform and ensuring this wine has a digital record of its provenance from the moment that it is bottled.