WFDB President’s Blog – by Ernie Blom The diamond and jewellery industry is an industry spanning all continents. It covers a vast array of activities, from mining of minerals, their processing, conversion into jewellery, and finally retail activities, which lead to its sale to the end consumers. It also covers trading activities at all of […]

The post KYC Bridge Over Troubled Water appeared first on The Jewelry Magazine.

The World Federation of Diamond Bourses (WFDB) Presidents Meeting after a special session on blockchain technology and supply source traceability has decided to take further steps on the need for increased transparency in diamond transactions. The decision came after a debate on the conclusions of a panel on traceability, provenance and blockchain technology which included […]

The post WFDB Presidents Meeting goes ahead with new path forward on KYC and supply source traceability appeared first on The Jewelry Magazine.