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Mining giant De Beers Group can now track all diamonds it produces from mine to consumer with the introduction of Tracr™ – the world’s first blockchain-backed diamond source platform.
De Beers is deploying the Tracr™ blockchain platform, which can provide provenance assurance for 100 per cent of the miner’s diamonds “from source to Sightholder to store.” De Beers mines diamonds in Botswana, Canada, Namibia and South Africa.
Tracr™ is the only distributed diamond blockchain that starts at the source and gives tamper-proof source assurance at scale, enabling Sightholders to provide an immutable record of a diamond’s provenance, and empowering jewellery retailers to have...
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