Cult Wines launch fine wine trading platform

Cult Wines, a wine investment company, has launched a new trading platform CultX that uses up to date prices from Wine searcher.
CEO Tom Gearing claims the new CultX platform will allow a frictionless and hassle-free way to build a physical collection of the world’s most prestigious fine wine.

Using pricing from Wine Searcher they will be able to update the wine investor's portfolio in real time. The Algorand blockchain technology behind the platform also makes it possible to have immediate transfer of ownership, as funds can transferred from the buyer to the seller immediately, and with warehousing in multiple countries, wines may not have to be physically moved to be traded internationally.