One of Hong Kong’s leading jewelry chains, Chow Tai Fook, has announced that customers will now be able to see their diamonds’ origins and quality using a blockchain powered app.
The world-renowned Gemological Institute of America (GIA), grades the diamonds for sale at T Mark-branded stores. These GIA certificates will form the backbone of the blockchain information.
The tracking solution, developed by Everledger on the IBM Blockchain Platform, will mean shoppers can use an app to access the diamonds’ digitized certificate of authenticity and supply chain journey.
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