For all the hype and hope that blockchain offers, one challenge is linking the physical and digital worlds. You can track diamonds, paintings, or drugs on a blockchain. However, when you receive the product, how do you know it’s authentic? Stickers are not tamperproof. IBM is working on a set of solutions and introduced the Crypto Anchor Verifier.
The product is an AI-enabled scanner that attaches to a mobile phone. Every object has a unique optical pattern or visual fingerprint that is sometimes not obvious to the human eye. Can you see the difference between an organic ear of corn compared to a genetically modified one? Unless you’re an expert, you might not be able to see impurities in a diamond.
One of the first clients to adopt the technology is GIA (Gemological Institute of America) to help them to evaluate and grade diamonds. The non-profit provides detailed diamond reports. It’s the creator of the 4C Diamond Grading System – Cut, Clarity, Color, Carat Weight.
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