The Whisky Barrel has launched a single cask of Scotch whisky distilled at Glasgow Distillery, with a complete digital provenance certificate.
The non-fungible token (NFT) should securely transmit product information on a public ledger, helping collectors and connoisseurs alleviate the risk of investing in counterfeit whisky. Uniquely, this certificate is located directly on each individual bottle.
The Fife-based online whisky merchant is run by Alastair Brown and his brother Chris. They have applied blockchain technology to 299 bottles of a single cask of Scotch distilled at Glasgow Distillery.
However, the distillery has no affiliation with The Whisky Barrel and the cask was purchased on the secondary broker market.