Identiv, ZATAP and Genuine-Analytics Partner to Digitally Authenticate Fine Wines Using Specialized IoT and Blockchain Technology
Rhea-AI Summary
Identiv (NASDAQ: INVE) has partnered with ZATAP and Genuine-Analytics to launch an innovative NFC-based anti-counterfeiting solution for luxury wines. The system combines IoT, blockchain, and content testing technology to verify both wine bottles and their contents. The solution successfully authenticated high-value vintages at a Swiss auction in 2024, including bottles worth over 20,000 Swiss Francs, and detected a counterfeit bottle.
The integrated solution features Identiv's secure NFC inlays with NTAG® 424 DNA TagTamper chips, Genuine-Analytics' scientific content analysis using their winePROOF database, and ZATAP's mobile blockchain interface. Authentication involves testing wine through a microscopic laser-drilled hole, followed by applying a GA Safety Tag to reseal and digitally verify the bottle.
Positive
- Solution successfully detected counterfeit wine at a Swiss auction, proving its effectiveness
- Addresses a significant market need, as wine fraud affects up to 20% of bottles in circulation
- Partnership combines three complementary technologies creating a comprehensive authentication solution
- System can be scaled from luxury to everyday wines, expanding market potential
Negative
- Authentication process requires physically drilling into wine bottles, which may concern some collectors
- Implementation costs and pricing details not disclosed
- Market adoption rate and timeline uncertain
News Market Reaction – INVE
On the day this news was published, INVE declined 3.21%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Companies will Demo Innovative Wine Authentication Solution in May 28 Webinar on the Future of Wine Authentication
With global wine fraud estimated to impact as much as
At a Swiss wine auction in 2024, the partnership's solution successfully authenticated a series of rare, high-value vintages, with some bottles priced at over
"This is the future of wine authentication," said Klaus Simonmeyer, Vice President at Identiv. "With our NFC inlays designed specifically for the unique properties of wine bottles, Genuine-Analytics' groundbreaking analysis of wine contents, and ZATAP's digital twin technology, we're able to confirm not only that a wine bottle is authentic, but so is the wine inside."
A Proven Solution
Each company brings its specific expertise to the solution. This collaboration establishes an immutable digital link between a physical bottle of wine, its contents, and its authenticated, digital twin hosted on an IoT-based blockchain. The integrated solution includes:
- Identiv's secure NFC inlays, powered by NTAG® 424 DNA TagTamper security-certified chips from trusted IC provider NXP® Semiconductors, are built to detect tampering and link each bottle to its digital identity.
- Genuine-Analytics' scientific content analysis, validated against its proprietary winePROOF database.
- ZATAP's mobile interface communicates with Blockchain infrastructure, providing real-time authentication and provenance data to buyers and sellers.
To authenticate a wine bottle's contents, Genuine-Analytics uses a microscopic laser-drilled hole to test the wine inside the bottle against its proprietary winePROOF database. Once verified, a GA Safety Tag custom-designed by Identiv is applied to reseal the bottle and provide digital proof of authenticity. By securing both the contents and the container, the system creates a new standard for digital trust – one that benefits not only collectors and auction houses, but also wine producers seeking to protect their brand and customers.
"This partnership's goal is to make wine authentication seamless and reliable for everyone," said Dr. Markus Ehrat, CEO of Genuine-Analytics. "Together, we're delivering a complete authentication solution that's scalable and secure, helping the wine industry stay ahead of counterfeiting risks."
David Geisser, CEO of ZATAP, added, "When this solution is applied at the producer level, it can scale to include any wine, from luxury wines to more everyday vintages."
Leaders from Identiv, Genuine-Analytics AG, and ZATAP will co-host a webinar, "The Future of Wine Authentication," on May 28, 2025, at 9:00 AM PDT/6 PM CET. The webinar will include a live demo of the wine authentication application. To attend, please register here.
About Identiv
Identiv's full-circle RFID-enabled IoT solutions create digital identities for physical objects, enhancing global connectivity for businesses, people, and the planet. Its solutions, integrated into over 1.5 billion applications worldwide, drive innovation across healthcare, consumer electronics, luxury goods, smart packaging, and more. For additional information, visit identiv.com.
Identiv Media Contact:
Sophie Pearson
Identiv, Inc.
spearson@identiv.com
ZATAP Media Contact:
David Geisser
ZATAP
geisser@collectid.net
Genuine-Analytics AG Media Contact:
Dr. Markus Ehrat
Genuine-Analytics AG
markus.ehrat@genuine-analytics.ch
View original content to download multimedia:https://www.prnewswire.com/news-releases/identiv-zatap-and-genuine-analytics-partner-to-digitally-authenticate-fine-wines-using-specialized-iot-and-blockchain-technology-302454727.html
SOURCE Identiv
FAQ
What is Identiv's (INVE) new wine authentication technology?
How does Identiv's (INVE) wine authentication system verify wine authenticity?
What problem does Identiv's (INVE) wine authentication solution address?
Has Identiv's (INVE) wine authentication technology been proven effective?
When will Identiv (INVE) demonstrate their wine authentication solution?