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Aiming to provide the trade with next-level gemstone traceability, Gemfields has become the first company to offer coloured gemstones with Gübelin Gem Lab’s Provenance Proof Blockchain technology.
Through this technology, buyers will gain comprehensive information about the gemstone that they are purchasing, including its place of origin as well as an encrypted record of its journey from mine to consumer.
“At year-end emerald and ruby auctions, several schedules of Gemfields’ high-value emeralds and rubies will be offered at the company’s closed-room auction with complete blockchain records, providing customers with next-level transparency of gemstone history,” revealed the gemstone specialist.
The move comes amid heightened...
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