TIMELINE

A brief history of Chainvine

The Road to Today

  • INCEPTION

    How it all began

    In August of 2014, Oliver was on a plane to London from Gothenburg in Sweden, he was reading an article about a Wine Fraudster Rudy Kurniawan he was jailed for causing losses close to $30m, primarily to seven victims. One was William Koch, a billionaire yachtsman, entrepreneur and wine investor. Oliver began to think of why he had got away with it and one thing struck the current global supply chains were broken and not fit for purpose. Oliver began thinking that Blockchain technology would be an ideal way to stop this type of fraud ever again.

  • RESEARCH & DEVELOPMENT

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    Chainvine began testing and PoCs in 2016 in many different sectors to see how adaptable the technology could be and worked with Marathon Artists & Audiotube in the music sector and commodities sector to help people in these sectors understand the use of the technology in tracking ownership across multiple parties. Oliver also had his first major public speech for the company in Reykjavik, Iceland.

  • PLATFORM REFINEMENT

    During 2017 the Chainvine platform really began to take shape with three core features Chainvine Identity Management / Chainvine Asset Management & Security management. Other developments came with the project with Stena in Sweden and supply chain traceability and developing smart contracts for K&L Gates legal firm to test and experiment with.
    Also, it was in 2017 that Chainvine first looked at integration between Blockchain and IoT and Oliver to Italy to påaertner with Wenda, a start-up in cold chain solutions and experts in IoT.

  • FIRST INVESTMENT & INTELLIGENT WINE

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    In 2018 Chainvine secured its first institutional funding from Deepbridge Capital and was now able to be to create a dedicated team of devs to the platform and significantly boost engagement. In that year also the wine solution was named as “Intelligent Wine” giving wine shipments the ability to report their Health, Wealth and Happiness.

  • PARTNERSHIPS

    In 2019 Oliver presented the “Intelligent Wine” at 100 Pall Mall the head Quarters of HMRC and this lead HMRC to ponder the theme” of the convergence of physical, financial and data supply chains such that provenance was assured, money and value protected and information shared in real-time and proportionately. Since then Chainvine has been working with HMRC on the RFIT project Reducing Friction in Trade and created an additional module to the platform that will help exporters and importers manage their data more efficiently and remove the need for lots of paperwork in the future.
     
    Chainvine also partnered with IG Wines to test its “Intelligent Wine” on a movement from the US to UK, where it was presented at Lewis Silkin in London as part of their Luxury and technology programe.

  • CHAINVINE & COVID

    2020 started well with a meeting at Pall Mall where Lord Holmes the chair of RFIT received a bottle of wine that had been shipped from Australia to the UK using the Chainvine compliance module “RFIT”. But only a month later Covid struck the globe, luckily Chainvine was able to grow the business in these difficult times and even received some investment from HMRC into the project as well as in December having the RFIT project featured in the UK Border Strategy Review 2025 and its description still very much to the vision of Blockchain / IoT to create “Intelligent Goods & Data”

  • UNCORKING THE WINE MARKET

    Chainvine adds to Team and begins to scale with trial demos

All information including media enquiries