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Diamonds on the Blockchain

Research Overview

Author: Anthony D. Williams
Release Date: December 22, 2017

Abstract:

This research looks at the blockchain start-up Everledger’s use of distributed ledgers and artificial intelligence in place of flawed, forgeable, and inefficient paperwork to record and verify the provenance of diamonds. It covers use cases involving fine wine and art where an asset’s value depends on its authenticity, and it provides managerial considerations for participants in such high-value supply chains. As of 2018, the platform is based on IBM Blockchain, a version of Hyperledger Fabric. Before 2016, Everledger used Ethereum, Eris, and BigchainDB.

 

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Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

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Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

 

The Diamonds Infographic

Copyright 2017 Blockchain Research Institute ™.
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