29-5-2018
The world’s largest retailer of diamond jewellery, Signet Jewelers will become the first retailer to join De Beers' diamond blockchain pilot program, Tracr™ for tracking a diamond’s journey digitally from mine to retail. De Beers announced that it has successfully tracked 100 diamonds from mine to retail digitally in early May.
“Responsible sourcing of diamonds has always been an integral part of Signet’s corporate ethos, and this will be further strengthened through our cooperation with Tracr™. We are joining the Tracr™ pilot because we believe the project not only has strong potential to facilitate increased transparency and confidence within the industry, but it can also foster much-needed digital transformation,” Signet Jewelers CEO Virginia Drosos commented.
A team from Signet will work together with Tracr™ to ensure the platform is able to meet the needs of the jewellery manufacture retail sectors.
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