Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

Yesterday

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

Richemont to use blockchain technology to bring transparency to its supply chain

06 august 2018
Richemont, the owner of leading companies in the field of luxury goods, including Cartier, will reportedly use blockchain to make its supply chain more transparent, according to CoinDesk.

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Image credit: Richemont


Richemont’s board member, Jin Keyu, said that she saw great potential for the blockchain technology in the luxury goods business. This move will help bring more clarity to the giant’s supply chain. Tracing applications will make it possible to control the origin of diamonds and metals used in luxury goods.
“As Cartier’s parent company, we have recently decided to start using blockchain to trace the origin of diamonds, rocks and gold back to the mines or recycling factories,” she said.
Richemont believes that by implementing new tracking technologies it will ensure its customers that all the stones and materials used to create luxury products are authentic.

Victoria Quiri, Rough&Polished