De Beers successfully tracks diamonds from mine to jeweler using blockchain

posted 10 months ago
De Beers Group announced today that it has successfully tracked 100 diamonds along the value chain during the pilot of its industry blockchain platform, marking the first time a diamond’s journey has been digitally tracked from mine to retail.

An immutable and secure digital trail was created for a selection of rough diamonds mined by De Beers as they moved from the mine to cutter and polisher, then through to a jeweller.

The platform, called Tracr, is expected to publicly launch later this year.
Tags: blockchain, news