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Jim Duffy
Tracr Aiming to Be More Than a Blockchain
As a tech guy, Jim Duffy spends much of his time on the road explaining technical terms in a way laymen can understand. He has his work cut out for him as CEO of Tracr, De Beers’ blockchain project — especially...
Polished Markets Sep 04, 2019 Avi Krawitz
De Beers Tracr
De Beers Opening Blockchain to Industry
De Beers has launched an online resource for sharing information and tools that will help members of the trade join its blockchain program. The Tracr Community will provide participants with educational materials and...
Technology Jun 02, 2019 Rapaport News
Sierra Leone artisanal mining 150
De Beers Expands GemFair Project
De Beers is broadening a pilot project aimed at creating a secure and transparent route to market for artisanally mined diamonds with ethical sourcing. The miner introduced GemFair in April 2018 in Sierra Leone, whereit worked with 16 mine...
Mining Apr 28, 2019 Rapaport News
De Beers Veneita
Higher Costs Hit De Beers Profit
De Beers’ earnings fell in 2018 due to the costs of new initiatives such asits Lightbox synthetics business.Underlying earnings slid 34% to $349 million, as capital expenditure rose 53% to $417 million for the year, the company...
Mining Feb 21, 2019 Rapaport News
Rough diamond credit Shutterstock
Gübelin Testing Nano-Tracking for Diamonds
Gübelin Gem Lab is studying how it can place microscopiclabels on diamonds to track them through the supply chain. The Swiss institute launched its Emerald Paternity Test in2017, applying invisible nanoparticles to rough stones to enable...
Technology Feb 13, 2019 Joshua Freedman
Chow Tai Fook
Chow Tai Fook Joins De Beers Blockchain
De Beers has expanded its blockchain initiative into theAsian retail sector by signing up Chow Tai Fook, the largest diamond jeweler inthe region. Chow Tai Fook’s participation will enable De Beers to extendthe reach of the...
Technology Dec 19, 2018 Rapaport News
Alrosa Rough Diamond
Alrosa Joins De Beers Blockchain
De Beers has signed up Alrosa to its blockchain pilot, bringingthe world’s two largest diamond producers together for the source-verificationproject. “We believe tracing requires industry cooperation andcomplementation for the sake of a common goal,” Alrosa...
Technology Oct 29, 2018 Rapaport News
Jim Duffy De Beers
De Beers Hires Tech Exec to Lead Blockchain
Tracr,De Beers’ blockchain platform, has appointed technology executive Jim Duffy to runthe next phase of the project’s development. Duffy (pictured) joins Tracr as general manager just as the platform is starting to grow inscale, the De Beers...
Technology Aug 16, 2018 Rapaport News
Signet 150
Signet Joins De Beers’ Blockchain Trial
Signet Jewelers will become the first retailer to participate in De Beers’blockchain project for tracking diamonds. The platform, Tracr, which is still in its trial phase, providesa digital link from diamond production to retail. Every diamond...
Technology May 27, 2018 Rapaport News
De Beers
De Beers Tracks 100 Stones on Blockchain
De Beers has successfully traced the progress of 100 high-valuediamonds from mine to retail using its new blockchain platform. “Tracr” provides diamonds with a unique “Global Diamond ID” thatcontains information such as carat weight, color...
Technology May 10, 2018 Rapaport News
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