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Traceability and Blockchain for Jewellery & Gemstones
Authenticate, Trace, Verify practices from mine to market
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Authenticate, Trace, Verify Source
Tokenization of jewellery and gemstones offers benefits such as fractional ownership, increased liquidity, reduced counterfeiting, and enhanced transparency in the market
Combat Counterfeit
Increase Ethical Standards
Transparency and Traceability
Dairy value chain with blockchain integration

Individual rough stones or gold particles are added to the blockchain, along with comprehensive supporting documentation. This includes details such as mine origin, miner information, precise location, accompanied by photographs, weight, measurements, and other relevant data. Each entry is assigned a unique ID, ensuring traceability from the source.


Upon purchase, the raw materials undergo refinement by gem cutters or refiners. The blockchain is updated with additional information reflecting the characteristics of the refined materials. Once again, a unique ID is generated for the refined material, maintaining the integrity of the traceability process.


Jewellers or manufacturers procure the refined materials and craft them into finished products or jewellery pieces. Each product is accompanied by certification from a trusted authority, further enhancing its authenticity and value. This certification data is securely added to the blockchain, bolstering the product's traceability and integrity.


Integrate Spydrato enable real-time tracking of shipments throughout the supply chain. This ensures transparency and accountability at every stage, allowing stakeholders to monitor the movement of goods and respond swiftly to any anomalies or delays.


Customers purchasing jewellery can access the blockchain to trace the complete history of the product, including certifications and documentation accumulated along the chain. Additionally, customer identity details and payment information are securely added to the blockchain, serving as indisputable proof of ownership. This streamlined process facilitates insurance claims, providing insurers with verifiable data for efficient resolution.

Benefits for Participants

Various participants play distinct roles in the ecosystem. Each participant of the supply chain stands to gain specific benefits from utilizing blockchain technology

Suppliers/Providers of Raw Materials
  • Ensure transparency and ethical sourcing of materials.
  • Enhance the value proposition of their products by providing verifiable sourcing information
Jewellers/ Manufacturer
  • Recording relevant information about the production process, demonstrates the quality of their products to consumers.
  • Ensure compliance with ethical and sustainability standards. Improve brand reputation and customer trust.
  • Build customer loyalty and trust by providing verifiable product information.
  • Mitigate the risk of counterfeit products and fraud in the supply chain
  • Build customer loyalty and trust by providing verifiable product information.
  • Mitigate the risk of counterfeit products and fraud in the supply chain
Transactions on Fabric
Assets on Chain
Reduction in cost & time
Featured Blogs on Jewellery & Gemstones traceability --
More Blogs
How does Blockchain Enhance Traceability in Jewelry Industry?
8 minute read
Using Blockchain to Improve the Diamond & Gold Industry
4 minute read
Blockchain and GI Tags: For Enhanced Authenticity of Products
5 minute read
Focus on building your use case. Leave the blockchain to us.
Spydra offers an intuitive low-code asset tokenization platform that allows you to focus on building your use-case while leaving the complexities of blockchain to us. Spydra provides production-ready infrastructure, ensuring a smooth and efficient launch of your blockchain use-case.
An intuitive low-code asset tokenization platform
1. Deploy
Create your network, deploy our pre-configured asset tokenization application tailored to your use case, and invite other participants to join your network.
2. Integrate
Once your network and asset tokenization app are deployed, access your APIs and easily integrate blockchain into your application. No changes to your code, just a few additional API calls. We have simplified integration with systems like SAP, etc.
3. Production Ready
Launch your blockchain use case quickly on the ground.Customise to your use-case backed by innovate platform features.
Customise to your use-case backed by innovate platform features.
Fractionalise and issue tokens for your assets with Token Engine
Bring Off-chain data to your blockchain with Oracles
Automate your tasks with no-code using Workflow Builder
Get notified on every critical blockchain event with Listners
File Storage & Sharing made easy with Graph Query
Tailor smart contracts for your use-case with Custom Chaincode
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1. What is blockchain and how does it relate to jewellery and gemstones traceability?

Blockchain is a decentralized digital ledger technology that records transactions across multiple computers in a way that is transparent, tamper-proof, and immutable. In the context of jewellery and gemstones, blockchain can be used to track the entire supply chain journey, from the extraction of raw materials to the sale of finished products, ensuring transparency and authenticity.

2. How does blockchain enhance traceability in the jewellery and gemstones industry?

Blockchain provides a transparent and immutable record of transactions, allowing stakeholders to trace the origin, authenticity, and movement of jewellery and gemstones at every stage of the supply chain. This ensures transparency, reduces the risk of fraud, and fosters trust among consumers.

3. What are the benefits of implementing blockchain for jewellery and gemstones traceability?

Some benefits include enhanced transparency, reduced counterfeit products, improved supply chain efficiency, increased consumer trust, and the ability to showcase ethical sourcing practices. Blockchain also enables streamlined transactions and authentication processes.

4. Is blockchain technology secure for storing sensitive information about jewellery and gemstones?

Yes, blockchain technology offers advanced security features such as encryption, decentralization, and immutability, making it highly secure for storing sensitive information about jewellery and gemstones. Additionally, access to the blockchain can be restricted through permissioned networks, further enhancing security.

5. What are the challenges associated with implementing blockchain for jewellery and gemstones traceability?

Challenges may include the need for industry-wide collaboration and standardization, integration with existing systems and technologies, ensuring data privacy and compliance with regulations, and educating stakeholders about the benefits and use of blockchain technology in the jewellery industry. However, overcoming these challenges can lead to significant improvements in transparency, efficiency, and trust within the industry.

6. What kind of support does Spydra offer for blockchain implementation?

Spydra offers comprehensive support for Hyperledger Fabric implementation, including customized network development, smart contract development, integration and API development, deployment, and maintenance. Our team ensures a seamless and successful implementation of your blockchain solution.

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