Today, the buyers expect to know about the diamonds they buy, demanding transparency to make an ethical purchase. By determining the origin, one can make sure the legitimacy of a diamond, which enforces an ethical trade practice. Keeping in mind the day to day needs of the market SGL has successfully launched its OriginAssure™ program, to increase transparency and traceability.
The history and prestige—often dramatic—of many exceptional diamonds have significantly shaped the reputation of specific deposits. From mines to jewellery stores, diamonds naturally travel across the world, with certain countries and mining regions renowned for their exceptional beauty and quality. However, a diamond’s brilliance is not the only factor defining its prominence.
From sourcing rough diamonds to the ethics of mining companies, the entire supply chain is under scrutiny. To enhance transparency, SGL has introduced OriginAssure™—a blockchain-enabled, audit-driven Chain of Custody ensuring secure, traceable passage at every stage.
The SGL OriginAssure™ Certificate determines the origin of a diamond, ensuring the legitimacy of a diamond.
The most recent addition to the OriginAssure™ program is a blockchain project launched in partnership with Ever-ledger, a digital provenance company, that provides technology solutions to increase transparency in global supply chains. Their purpose is to contribute greater clarity and confidence in the marketplaces where transparency is a strategic imperative.
The aim of the partnership is to create a digital ledger based on blockchain technology, which will enable the operations along a diamonds value chain to be securely recorded, stored and shared. This will allow us to shine a light on the authenticity, provenance, and sustainability record of your products with the SGL Diamond Certificates and the Ever-ledger Platform.
