Blockchain technology used to develop world’s first digital diamond certification system

A new digital certification system for diamonds has been introduced by GET-Diamonds.com in partnership with YourProof.id. The initiative uses blockchain technology to create a secure, verifiable link between a diamond and its grading information.
Referred to as a Digital Diamond Certificate (DDC), the system stores key details about each diamond on a blockchain ledger. The certificate can be accessed through a digital wallet and is designed to prevent tampering. Retailers also have the option to attach additional information, such as brand-specific material, educational content, or personal notes, offering more context around each stone.
“Roughly 80 percent of customers lose their diamond certificates within months of purchase. They’re often tossed into a drawer and forgotten,” said Tim Goodman, CEO of GET-Diamonds and YourProof.id. “With YourProof.id, a digital certificate becomes a secure, digital asset — portable, verifiable, and impossible to misplace.”
The certificate is based on Ethereum smart contracts and adheres to international data protection and financial compliance standards, including GDPR and KYC/AML regulations. According to GET, the approach is intended to provide greater transparency in diamond transactions and support verification practices in the trade.
The DDC, priced starting at $25, is expected to be available to users of the GET platform and members of the World Federation of Diamond Bourses. Plans also include incorporating traceability data from Sarine, a company specializing in diamond analytics.