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Market NewsNewsTiffany launches diamond origin initiative

Tiffany launches diamond origin initiative

World famous jeweller Tiffany & Company has launched an initiative to provide greater transparency about the origins of its diamonds to customers, from miners to retailers, mining.com reported.

Following in the footsteps of the world’s No. 1 diamond miner, De Beers, which is testing a blockchain technology-based platform aimed at clearing the supply chain of imposters and conflict diamonds, Tiffany has begun tracing each of its individually registered diamonds (0.18 carats and larger) by a unique serial number, said the mining.com report.

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