Leading diamond miner builds blockchain platform

11.05.2022

De Beers is one of the key diamond mining companies on a global scale. She announced work to launch a new platform on the blockchain. This project is called Tracr. It provides assurance that provenance records do not give jewelry retailers the confidence that a diamond will be of the correct provenance.

When working with blockchain, you can increase the level of trust in the mining industry, where its representatives are reproached for low levels of measures to combat the flow of illegally mined stones.

Tracr will make it possible to give all the necessary information about the stones and ensure its safety. All this will be protected in the blockchain element. Through this development, trust can be built up.