Counterfeit Wines $1 Billion Market Counterfeit wine is a billion dollar market – approximately $3 billion per year says Maureen Downey, an expert on fake wine. One wine fraudster, Indonesian Rudy Kurniawan, is serving time for selling $500,000,000 worth of fake wine. Shanghai-based blockchain company BitSE and Direct Imported Goods (DIG), China’s largest importer of fine wines, are working […]

via China’s Largest Wine Importer Wants to Place Wine on a Private Blockchain — peoples trust toronto