How it works
Provenance Proof Blockchain enables users to verify the authenticity and ownership of gem products by creating a digital twin that closely replicates the actual gem product. Users can establish a permanent, immutable record of a gem's provenance, history of ownership and transfer on the blockchain. Additionally, information such as the gem product's characteristics and properties can be included in the digital twin, utilising text, video, and PDFs to aid in accurately identifying the gem product that the digital twin represents.
How to create a parcel
How to receive a Jewellery as a consumer
How to transfer a Jewellery to consumer
How to create a Jewellery out of a stone
How to separate a parcel
How to add a new gem
Create a unique digital asset
A digital asset, which we like to call a “digital twin” can be created to mimic a gem or jewellery piece in the real world. Images, videos and documents can be added to the digital twin to help identify it.
Register ownership
Each digital twin will be assigned a unique digital identifier, known as “hash”, which is recorded on the blockchain. Digital twin owners can also add their own unique identifiers to help manage their inventory on our platform.
Transfer ownership
The digital twin can be transferred to the new owner whenever there is a change in ownership.
Verify Authenticity
Anyone can verify the authenticity of a digital asset by checking the blockchain records, which provide a complete history of the asset's provenance.
Things you can do with the Provenance Proof Blockchain
Blockchain technology is well-suited for traceability in the gems and jewellery industry due to its inherent characteristics of transparency, immutability and decentralisation.
Build Trust and pass on the Story
Boost product credibility by enabling buyers to make informed purchases and ensure your stories reach end consumers.
Asset Sharing
Enhance your marketability by sharing your product securely using a shareable link or QR code without transferring ownership to potential buyers.
Cutting Event
Allow buyers to witness the transformation of gems from rough to cut.
Less Paper Trail
Store all essential asset documents in one place.
Marketplace
Discover new sourcing opportunities or expand your market using our Marketplace.
Statement of Provenance
Provides trust, authentication and value preservation by offering transparency, verifiability, and a documented history of a gem or jewellery piece. Marketability can also be enhanced through the creation of a QR code which gives anyone access directly to the provenance story of a gem.
Risk Management
Mitigate risks through a better understanding of the supply chain of a product.
Provide Proof for Claims
Add supporting proof for your provenance, compliance, and sustainability claims to inspire trust.
Mass Upload
Multiple gem assets or parcels can be uploaded easily and effectively through available CSV templates.