GJ Town India

Organised from 3rd to 5th October Gem & Jewellery industry pledges to enhance Trust, Transparency, Sustainability, Traceability & Responsible Sourcing thru’ self-regulation The World Jewellery Confederation (CIBJO) held its annual Congress for the first time in Jaipur at Fairmont, Jaipur. The Congress is being organised from 3rd to 5th October. Pre-Congress meetings were held on 1st and 2nd October. The 2023 Congress is being hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and the National Gem & Jewellery Council of India (NGJCI) supported by Ministry of Commerce and Industry and MSME Ministry, Govt. of India. The inaugural session was graced by Piyush Goyal, Union Minister of Commerce & Industry, Government of India, (shared a virtual message); Gaetano Cavalieri, President, CIBJO; Vipul Shah, Chairman, GJEPC; Pramod Kumar Agarwal, Vice President, India, CIBJO and Chairman, NGJCI; R. Arulanandan, Director, Department of Commerce, Govt. of India; Ferie

Aura Blockchain Consortium partner Sarine   Sarine Technologies Ltd announce that the Aura Blockchain Consortium, founded by LVMH, Prada Group, Cartier, part of Richemont, and OTB Group, has chosen to partner with Sarine in relation to Sarine’s Diamond Journey traceability solution and data for the Aura Blockchain Consortium platform.   Through this one-of-a-kind partnership for diamond traceability, the multi-stakeholder Consortium is laying out the very first foundations for best-in-class product traceability standards from raw material to finished product applied in the luxury sector.   Sarine has been selected by the Aura Blockchain Consortium to provide full diamond traceability across the entire supply chain, from extraction to polishing and setting. Sarine’s traceability solution is based on data independently and automatically generated by its IOT enabled systems being used throughout the pipeline by many of the industry's leading producers and midstream polishers, wi

Tied to bring greater transparency and Provenance to online diamond purchasing!   Blockchain and IoT technologies enable tracking of the entire d iamond life cycle to improve customer confidence in jewelry   Everledger, an independent technology company that enables traceability and provenance to high value goods, has partnered with Rare Carat, America's #1 source of unbiased diamond advice for over $200 million of diamond sales annually, to deliver greater transparency and sustainability information on the diamonds in its marketplace.   Using the newest version of Everledger’s leading blockchain platform, Rare Carat customers will now be able to search for and purchase diamonds that have been tracked from mining, through manufacturing all the way to sale. This ensures that the diamond being purchased is conflict-free and has been sourced in  a sustainable manner.  The Everledger platform specifically aids demand generation for retailers searching for diamonds based on thei

Collaboration on the end-to-end blockchain traceability platform for the diamond industry Tracr, the end-to-end diamond industry blockchain traceability platform being developed by De Beers Group in collaboration with industry stakeholders, is pleased to announce that Alrosa has joined the platform’s pilot programme. Alrosa will join industry leaders from the diamond manufacturing and retail sectors in creating the blockchain platform by the industry, for the industry.   Following the announcement of the Tracr pilot earlier this year, Alrosa’s involvement brings the world’s two largest diamond producers together to provide enhanced assurance for consumers and trade participants about the provenance and authenticity of their diamonds, and in creating a digital foundation for new services that can only be developed on an end-to-end platform. Bruce Cleaver, CEO, De Beers Group, said: “To provide true traceability, diamonds must be tracked from their point of production