Tracr is kind of like a digital guardian for diamonds, making sure they're treated right from start to finish.
What are Tracr diamonds?
Tracr diamonds are diamonds assigned a unique digital identity that contains detailed information about their origin, characteristics for transparency.
Key Benefits:
- Diamond Traceability: Tracks the journey of diamonds from mine to market using digital records and blockchain technology.
- Transparency: Provides a transparent view of the diamond supply chain from mine to market. ensuring ethical sourcing and preventing the trade of conflict diamonds.
- Sustainability: Promotes sustainable practices and responsible sourcing of diamonds, contributing to environmental and social responsibility.
- Unhackable: Utilizes blockchain technology to create a secure and tamper-proof record that cannot be tampered with.
- Verification: Allows for easy verification of diamond authenticity and provenance, reducing the risk of fraud and counterfeit diamonds entering the market.
Why is this important?
Tracr Provides transparency and accountability in the diamond supply chain. It ensures that diamonds are sourced responsibly, without contributing to conflicts or harming the environment. Plus, it gives consumers confidence that the diamonds they buy are genuine and haven't been tampered with along the way.
Overall, the Tracr Diamond Program is a significant step forward in creating a more transparent and sustainable diamond supply chain.
Example of Diamond DNA:
GIA Certified Princess Cut 2.51 I SI1