De Beers successfully tracks diamonds from mine to jeweler using blockchain

posted 7 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.
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