HB Launches Digitally Protected Diamond Capsule
- GemAtlas Team
In a major move towards assuring diamond provenance, Belgian diamond manufacturer HB Antwerp has launched a digitally secured “diamond capsule” that acts like a small vault for individual stones. The Company says the device ensures verification of origin of the gems and protects stones from tampering.
The HB Capsule can only be opened by authorized individuals who are next in line to interact with the diamond, according to the Company. The system employs blockchain technology and data analytics to track every stage of a diamond’s journey and registers every time the vault is unlocked. It also captures “thousands” of data points along the journey and stores the information on HB’s digital ledger, which it has created in partnership with Microsoft.