28 Sep 2021
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GIA, Hari Krishna Exports, Everledger, and Lucara partner to bring digital provenance to unique 30-carat diamond
Stone from the Karowe Mine in Botswana is one of the first to feature the GIA Diamond Origin Report on the blockchain
By: Diamond World News Service
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Jan 18 2021 8:21AM
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Reference: 25367  

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Everledger has partnered with Hari Krishna Exports (HK), Lucara Diamond Corp , and GIA (Gemological Institute of America) to share the provenance and characteristics of a special 30-carat diamond via its blockchain platform.

The 30 carat round diamond originates from the Karowe Mine of Lucara Diamond in Botswana, and was cut and polished in HK’s state-of-the-art manufacturing unit in Surat, India. HK customers in Retail and Chain Stores will be able to register on the Everledger Platform to view the stone and access Hari Krishna's large inventory of quality stones and their associated provenance stories.

 The Everledger Platform specifically aids demand generation for retailers searching for diamonds based on their sustainability efforts, credentials and compliance standards. It also matches suppliers who want to securely share this valuable data with individual retailers, brands or groups of retailers – supporting enhanced transparency for diamond matching procurement criteria.

 The diamond’s country of origin, Botswana, has been verified directly on the Everledger Platform via the GIA Diamond Origin Report, which uses scientific matching to provide confirmation of a diamond’s country of origin by matching the faceted diamond to the original rough. This allows customers to be confident of the origin of their diamond and for producers to deliver a strong message on the good diamonds do for the country from where they are sourced.

Diamonds with GIA Diamond Origin Reports such as the Brilliant Lucara Diamond can be discovered quickly through a special toggle in the Everledger Platform search and find menu.

This magnificent diamond will be unveiled to interested parties globally by logging into the Everledger Platform for an exclusive VIP webinar. As part of the event, participants will enjoy a conversation between HK, Lucara, Everledger, and GIA on the origins of the stone, the importance of provenance, and how the Everledger Platform empowers more trust and transparency in the industry.

“This outstanding stone represents a perfect example of global excellence and sustainability. Supply chains are so much more than systems, structures and technologies; they are also people, whose story, safety and well-being must be upheld. Business leaders, especially those in technology, have an obligation to build the supply chain of the future with an unwavering commitment to human rights and safe practices for all workers”, said Leanne Kemp, CEO, Everledger. She added: “With this diamond, we bring the world closer together: a leaning Canadian mining company operating in Botswana, master craftsmen in India, and the scientific expertise of GIA, the global leader in diamond evaluation, all to bring forth ever more transparency for end consumers all over the world. This is the story of incredibly intertwined and intricate supply chains and how Everledger adds value to this centuries-old industry and the consumers of tomorrow.”

“We are honored that Hari Krishna has chosen to name the diamond the ‘Brilliant Lucara Diamond’. Since putting Karowe into production, we have been a pioneer in the industry in embracing innovation, new technologies and sustainability resulting in our ability to bring these exceptional diamonds to market while providing long term benefits to Botswana and the local communities within which we operate. Our ability to track all our diamonds provides the provenance assurance that is now vital to our clients,” stated Eira Thomas, CEO of Lucara.

“The unique characteristics of this diamond makes it the perfect use case for the Everledger Platform and the GIA Diamond Origin report” said Ghanshyam Dholakia, Founder and MD, Hari Krishna Exports. “The production of a diamond of this size and quality requires investment from a large number of highly skilled stakeholders across the supply chain. We needed the most up-to-date technology to give this stone’s buyer full access to the diamond’s story. And the Everledger Platform brings this clarity to the market, together with GIA’s brand recognition and tradition in the industry.”

“The GIA Diamond Origin Report offers independent confirmation of a diamond’s country of origin,” said Tom Moses, GIA executive vice president and chief laboratory and research officer. “Consumers are more and more interested in where their diamonds come from. Playing an important part in giving them trust in their diamond purchases advances our consumer protection mission.”

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