The Story of Your Diamond Backed by Blockchain

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The Story of Your Diamond Backed by Blockchain

We recently partnered with Everledger, a digital transparency company, to offer diamonds backed by the blockchain technology. Our purpose is to provide diamonds that have a more transparent story and meet higher standards of ethical sourcing.

Beldiamond x Everledger

Blockchain technology allows data to be recorded securely and unalterably as an asset, such as a diamond, an artwork, or a bottle of fine wine. By converging this record with other technologies, Everledger creates a unique digital identity for the asset and makes it available to all stakeholders. The resulting lift in transparency, confidence and trust lays the foundation for whole industries to advance.

Thanks to Everledger we can know exactly where a diamond came from and what it went through as it journeyed from the mine to the retailer and then to the customer. Everledger’s unique blockchain diamond tracking technology pinpoints where the diamond was mined and traces its steps as it went through the cutting and polishing process. Everledger also records every time the diamond changes hands and crosses borders as it travels to the retailer.

How does Everledger use blockchain to trace a diamond’s story?

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How does Everledger use blockchain to trace a diamond’s story?

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