A Belgian tech company called iTraceiTsays it has developed a new tech that uses QR codes to record every step in a diamond‘s journey, IDEX Online reports.
iTraceiT, which claims the development provides a “traceability solution” for the whole industry, is currently working in pilot stages, and says it will launch globally later this year. According to the report, every rough stone “will be assigned a QR code that records all processes performed on it along the pipeline from mine to finger.”
According to iTraceiT, its technology will be an “industry-wide, independent, user-friendly and totally secure tool for the complete authentication of diamonds of all sizes.”
