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Blockchain technology to power De Beers’ diamond production -Breaking

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Blockchain technology to power De Beers’ diamond production

De Beers is a leading global diamond mining business that has developed a platform powered by blockchain to control its production and distribution.

Since its inception, the firm has been working on a blockchain-based system that can track, record, and manage diamond production, distribution, and mining across the globe. Tracr is a platform. In 2018, the first test flight was conducted and it passed with flying success.The platform has been released at large by the company to better serve the larger diamond mining industry.