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New Tech: QR Codes to Chart Diamond Journey
(IDEX Online) - A Belgian tech company says it will use QR codes to record every step in a diamond's journey, providing a "traceability solution" for the whole industry.The company, iTraceiT, is currently working on pilot projects with partners and says it will launch globally later this year.
Press
New Tech: QR Codes to Chart Diamond Journey
(IDEX Online) - A Belgian tech company says it will use QR codes to record every step in a diamond's journey, providing a "traceability solution" for the whole industry.
Press
Traceability Startup Wins Government Cash
(IDEX Online) - Belgian tech firm iTraceiT has announced $270,000 of government funding for its digital diamond passport. The grant from Walloon, the largest of Belgium's six administrative areas, will allow the company to expand in the US and India and to build an R&D center.
Press
New QR Code Solution Tackles Diamond Traceability
RAPAPORT… Antwerp-based technology and service provider iTraceiT is set to launch a new traceability solution for the diamond and jewelry industry.
Press
Demand for Diamond Traceability Spikes
RAPAPORT… The diamond and jewelry industry is seeing a surge of interest in traceability programs as companies throughout the pipeline seek to avoid Russian supply. So says Sarine Technologies CEO David Block.
Press
Podcast: The Importance of Tracking Your Diamond
Traceability has become a central issue in the diamond and jewelry industry, with the Russia-Ukraine conflict accelerating demand for source-verification programs. Frederik Degryse, CEO of iTraceiT, a new platform that aims to validate a diamond’s origin and journey, discusses these trends with Rapaport Senior Analyst Avi Krawitz on the latest episode of the Rapaport Diamond Podcast.
Press
The Industry’s Russia Crisis: Formulating Sanctions
The Russia crisis is forcing the diamond trade to take responsible sourcing to the next level. Considering the industry’s long history of dealing with reputational challenges, the ongoing war in Ukraine adds a new dimension.
Press
Diamond Importers Might Have to Declare Russian Origin
G7 countries could oblige companies to affirm that their imported polished diamonds are not of Russian provenance, according to the US’s top sanctions official.
Press
Belgian Regional Government Invests in Diamond Traceability Solution
The government of Wallonia, Belgium, has provided iTraceiT with a grant worth EUR 250,000 (around $273,000) that will enable it to expand its diamond traceability solution to the Indian and US markets.
Press
iTraceiT rolls out comprehensive, block-chain based application for tracing diamonds, gemstones, and jewelry
iTraceiT, the Belgium-based innovative technology and service provider that developed a comprehensive, blockchain-based application for tracing diamonds, gemstones, and jewelry, has begun distribution after completing prolonged beta testing with some of .
Press
iTraceiT rolls out comprehensive, block-chain based application for tracing diamonds, gemstones, and jewelry
iTraceiT, the Belgium-based innovative technology and service provider that developed a comprehensive, blockchain-based application for tracing diamonds, gemstones, and jewelry, has begun distribution after completing prolonged beta testing with some of .
Press
New Blockchain App Traces Rough Journey from Rough to Jewelry
The new app keeps track of “every action taken throughout the production process, i.e., from the rough to the finished piece of jewelry.”
Press
iTraceiT to hold official launch of blockchain-based application
Antwerp, Belgium, April 28, 2022: iTraceiT, the Belgium-based innovative technology and service provider that developed a comprehensive, blockchain-based application for tracing diamonds, gemstones, and jewelry, will stage the application’s official launch on May 3, at the Antwerpsche Diamantkring (Antwerp’s rough diamond bourse), in the heart of Antwerp’s diamond district. The – longtime planned – launch comes as industry demand for viable traceability solutions increases significantly.
Press
Diamond Traceability, Trust and Transparency!
Frederik Degryse, CEO, iTraceiT, ink down his Key findings in the report of DMCC’s Provenance, Traceability and Technology. Frederik wrote, Traceability solutions can combat modern diamond industry challenges! Traceability is one of the key developments that will shape the future landscape of the luxury industry. The journey and origin of a product are key building blocks for any sustainability reporting, provenance programmes and for meeting changing consumer demands.
Press
iTraceiT to partner with Cutwise Group
“Blockchain technology, with its immutable ledger, can provide consumers with the guarantee that their diamonds have been ethically sourced. It empowers consumers to make informed choices and encourages responsible practices throughout the supply chain” :Mogkweetse Masisi, President of Botswana, at last month’s Facets Conference in Gaborone!
Press
Tracing diamonds: Belgian IT company reveals gem 'passport' amid calls for transparency
Several systems have already been devised to trace diamonds but a synchronised system to map the full path for each type was still lacking. Belgian software company iTraceiT has now developed the first software that maps the diamond's entire path, from mine to jeweller.
Press
Hari Krishna Export Collaborates with iTraceiT to Ensure Diamond Traceability through Innovative Technology
iTraceiT’s blockchain and QR-code-based software solution is a set of applications accessible via proprietary web services maintained by iTraceiT. This innovative solution will enable HK to track and trace the journey of its diamonds through every step of the supply chain, from the source to the end consumer. The iTraceiT network provides an immutable, secure, and decentralised platform for the transparent transfer of information. By leveraging this technology, Hari Krishna can ensure its diamonds’ authenticity, quality, and provenance.
Press
How Diamond Traceability Builds Trust in the Supply Chain
In today’s interconnected world, trust stands as the cornerstone for thriving businesses. Within the captivating domain of diamonds, trust has emerged as a paramount concern. Nonetheless, a new era of diamond traceability has heralded a revolution in the diamond industry.
Press
Wallonia to invest in digital diamond passport
The Walloon government will invest over 250,000 euros in the Belgian start-up iTraceiT, the creator of a digital diamond passport. With this extra capital, iTraceiT is working towards global expansion via the US and India.
Press
Wallonia to invest in digital diamond passport
iTraceiT, a software company, introduced a revolutionary diamond passport employing blockchain technology and QR codes in March. The primary aim was to enhance transparency regarding the origin of diamonds. In recent months, the startup has witnessed the profound impact of its passport on the industry, dubbing it a "game changer." The financial support from the Wallonia Innovation and Growth investment fund will serve to maintain iTraceiT's pioneering status in the gemstone sector.