Whisky used to back long-term loans to Japanese distiller

Brewer employs blockchain to create sake NFTs

TOKYO, Aug 28 (Nikkei) - Like loans, whisky and other fine spirits take time to mature. Japanese lenders are tapping into this common feature to extend distillers financing.

One approach even fuses the centuries-old art of sake brewing with blockchain technology to create non-fungible tokens that allow brewers to access cash that typically would not be available until after years of maturing in a warehouse. ...continue reading