Market NewsNewsDe Beers announces investment in blockchain

De Beers announces investment in blockchain

Diamond giant De Beers is investing in a new digital platform service that provides a single, immutable record tracing a diamond’s individual journey through the value chain, reported.

This diamond traceability platform is underpinned by blockchain technology, which allows for a highly secure digital register that creates a tamper-proof and permanent record of interactions, such as a diamond’s path through the value chain, said the report.

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