De Beers, one of the leading diamond-producing companies globally, recently announced the deployment of its blockchain-based diamond source platform at scale. The platform will “enable the provision of provenance information from source to Sightholder to store on a secure blockchain.” Immutable Record of a Diamond’s Provenance One of the world’s...
Global diamond mining firm De Beers has launched a proprietary blockchain-powered platform to manage its diamond production and distribution. The firm has long been at work on a blockchain system to trace, record and manage its diamond mining, production and distribution across the globe. The Tracr platform was first piloted...
Yesterday De Beers said that Tracr, its diamond provenance blockchain, has been rolled out at scale. The platform enables the diamonds to be tracked from the mines through to consumer purchase. The news follows the recent adoption of another solution by a major luxury consortium and the resolution of a legal case related to Tracr’s...
