Signet jewellers joins De Beers blockchain platform Tracr

Signet jewellers joins De Beers blockchain platform Tracr

Signet Jewelers will be the first retailer to join Tracr, an end-to-end diamond blockchain being developed by the De Beers group in collaboration with the diamond industry. A project team at Signet will work alongside the Tracr team to ensure the platform meets the needs of the jewellery manufacture and retail sectors, with the partnership initially focusing on the tracking of diamond jewellery and expanding the pilot’s scope to cater for smaller-sized goods. Digital certificates are created by the Tracr programme for each diamond registered on the platform, storing its key attributes and transactions This will enable retailers to provide consumers with confidence that their diamond is natural, conflict-free and has been tracked across the value chain. Bruce Cleaver, CEO at De Beers, said: “We are delighted to welcome Signet to the Tracr pilot programme Tracr is focussed on bringing the benefits of blockchain technology to the full diamond value chain – providing. Source

Popular products near you

Popular Posts

Triplet Golden Wedding Ring – Completely Bella Jewelry

14k Gold Bonded Ring with Three Round Cut Clear Cubic Zirconia Aligned with Princess Cut Clear Cubic...

read more

David Yurman Sculpted Cable Cuff Bracelet in 18K Yellow Gold with Pave Diamonds, Size M ...

David Yurman cable cuff bracelet. Polished 18-karat gold hardware. Each end set with pav&eacu...

read more

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold ...

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold earrings w...

read more

CEO Talks: Cartier's Cyrille Vigneron Launches New Jewelry Pillar

Ariana Grande is turning her hit single 'Thank U, Next' into a beauty line. According to the U.S. Pa...

read more

Subscribe to our Newsletter

Get the best news about jewelry and watch industries, products and services