Transparency remains a challenge for the diamond industry, especially diamond provenance. It can still be extremely difficult to verify diamond provenance, or in other words, the origin, characteristics, materials, quality, chain of ownership and sustainability practices of any given stone and suppliers.
Find out how a pioneering blockchain solution seeks to help the diamond industry in offsetting its carbon footprint. For the first time, emissions data from the diamond industry will be used to offset carbon footprint via blockchain technology.
Founded in London in 2015, Everledger has quickly grown into a global digital transparency company. Evgeny Gokhberg, head of commercials, gives the back story.
The diamond industry has reached a broad consensus that greater transparency is the right thing to do, with blockchain diamond tracking one of the key ways to achieving that end.
Business information was always considered top secret and classified. For your eyes only. The provenance of an asset – such as a luxury item, a bottle of wine, or any object, really – was locked away in many different filing cabinets down the supply chain.
The 50th Annual Meeting of the World Economic Forum in Davos, this January, made headlines for its focus on climate change, the emergence of a new generation of leaders and the increasing volume of young and female voices.
Everledger CEO Leanne Kemp addresses the need for blockchain solutions and neutral platforms to nurture inclusive and sustainable supply chains.