Russia creates a tracing system for polished diamonds and jewellery
Nowadays, we see that the responsible supplies and tracing the provenance of rough diamonds are thriving and widely discussed in the industry.
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“We believe that the Blockchain platform has great transformative potential for the industry” Tom Montgomery, De Beers
On April 11th, De Beers representatives came to Paris to present their Blockchain pilot project called Tracr to the French industry.
De Beers’ plan to use modern technology on an old problem
In the early 2000s, as the Kimberley Process was being forged, an NGO activist told me the best answer to post-war Sierra Leone’s diamond woes just might be De Beers reopening a buying office there. He fretted the company would never do that, as it feared the public relations repercussions.
De Beers Group successfully tracks first diamonds from mine to retail on industry blockchain
Press release – De Beers Group today announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform
AWDC & GJEPC launch MyKYCBank partnership at banking summit in Mumbai
The Antwerp World Diamond Centre (AWDC), together with India’s Gem & Jewellery Export Promotion Council (GJEPC), have launched a know-your-customer (KYC) exchange platform, called MyKYCBank.
CIBJO sets up industry-wide working cttee on responsible sourcing guidance
CIBJO, the World Jewellery Confederation, has announced the establishment of an industry-wide working committee to formulate Responsible Sourcing Guidelines specifically for the jewelry, gem and precious metals sectors.
“With the DDI, we can build a responsible diamond industry!” – Élodie Daguzan, Rubel & Ménasché, Goodwill Ambassador for the DDI
The Annual General Meeting of the Diamond Development Initiative (DDI) was held in Ottawa on 27 and 28 April. Élodie Daguzan, the new Goodwill Ambassador for the DDI and Head of Communication at the Parisian diamond company Rubel & Ménasché, had the pleasure of attending this AGM.
Borsheims joins the Diamonds Do Good momentum
Press release – Building Community Near and Far. Borsheims Fine Jewelry is the latest company to share their positive social impact stories through the Diamond Empowerment Fund’s Diamonds Do Good initiative.
India trade looks to ease banks’ concerns
India’s diamond industry is working to produce guidelines for banks to reduce their risks when lending to the trade.
De Beers’ ASM Diamond initiative critical step for industry
By far the most important announcement this week was that of the De Beers Group that it is preparing to pilot a program called GemFair
Lab finds 3ct. synthetic diamond with fake report
A grading laboratory in China has discovered a synthetic diamond masquerading as a natural stone, complete with a forged inscription and a falsified report.
How Compliance became the ‘fifth C’ in diamonds
The diamond industry has for decades, done business with a truly international pipeline — diamonds are mined in some continents