ledger technology diamond Archives | BCTech Report

World’s Largest Jewellery Retailer Joins De Beers Diamond Blockchain Platform Tracr

1st June 20181st June 2018 BCTechreportbcg digital ventures, bctech, bctech report, big four blockchain, blockchain, blockchain diamond id, blockchain financial product, blockchain news, blockchain retail product, blockchain stock exchange, blockchain supply chain, blockchain technology, blockchain technology news, blockchain value, de beers blockchain, de beers diamond blockchain, diamond authentication with blockchain, diamond blockchain technology, diamond engagement ring, diamond jewelry blockchain, diamond provenance technology, diamond provenance tool, distributed ledger technology, enterprise blockchain, financial blockchain technology applications, ibm blockchain, investing, lblockchain global diamond id, ledger technology, ledger technology diamond, signet blockchain, supply value chain, tracr blockchain diamond authentication, Tracr diamond, vechain

Signet, a UK based multi-billion dollar company and the world’s largest jewellery retailer, joins De Beers diamond blockchain platform Tracr. Creating a Global Diamond ID on an immutable ledger, the precious stones are tracked across the supply chain, ensuring they do not originate from conflict zones or areas of exploitation. De Beers completed a proof-of-concept trial with 100 high-value diamonds in May, marking the first time a diamond’s journey was digitally-tracked from mine to retail. Tracr is set for to fully launch later this year.