DLT tracking partnership to fight fake diamonds in China

DLT supply chain firm Everledger is partnering with local Chinese diamond sellers to ensure customers only receive genuine gemstones.

In an Aug. 25 announcement, Everledger, a global digital registry for diamonds, said it would be working with Chinese e-commerce giant JD (NASDAQ:).com as well as the Gemological Institute of America (GIA) to implement a distributed ledger technology (DLT)-based supply chain capable of verifying the authenticity of individual stones.

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