Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

Traceable gems debut in the gem trade

29 november 2019
For the first time, large quantities of high-quality gemstones equipped with state-of-the-art physical tracers and digital tracker have entered the trade providing a new level of transparency, as per a report in

Image credit: Gübelin Gem Lab

According to Gübelin Gem Lab, the gems contain a combination of Emerald Paternity Test and Provenance Proof Blockchain. Provenance Proof, an initiative from the Gübelin Gem Lab that moved on as an independent company recently, has developed both the Emerald Paternity Test, deploying physical tracers based on nano-sized tags, and the Provenance Proof Blockchain. All Provenance Proof technologies are available to the entire industry.
The Provenance Proof Blockchain is a digital, tamper-proof logbook tracking the relevant data of gemstones along the supply chain, from one owner to the next. This technology, developed with Everledger, is the only existing solution in the gemstone and jewellery industry, according to Gübelin Gem Lab.
These traceable gems will eventually become available to jewellery brands and retailers, offering an unprecedented level of transparency into the journey of a gemstone, and opening new ways of customised storytelling to retailers.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished