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Signet Jewelers, the world’s largest retailer of diamond jewellery, has joined De Beers Group's blockchain platform pilot programme. Named Tracr™ (which De Beers has registered as a trade mark), it is an end-to-end diamond blockchain being developed by De Beers Group in collaboration with the diamond industry, During January
Reuters is reporting that there's a pilot of a blockchain solution that is underway to track cobalt from when it is mined in the Democratic Republic of Congo (DRC) all the way until it is used in the manufacturing of electronic products such as smartphones and electric vehicle rechargeable batteries.
De Beers Group, a group of companies involved in diamond exploration, diamond mining, diamond retail, diamond trading and industrial diamond manufacturing, is working on a blockchain technology solution that will provide a single, tamper-proof and permanent digital record for every diamond registered on the platform. The aim of the project