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Gemprint® Corp and DNA Technologies launch Forensic Mine to Market Chain of Custody Solution

diamond world news service

Source Veritas® is the name of a Forensic Mine to Market, Chain of Custody Solution for the gems and jewelry industry, launched by Gemprint® Corp, a world leader in diamond identification, and DNA Technologies, a world leader in DNA based security markings, and a division of Polestar Ltd. (Bermuda).

Source Veritas® is a process for verifying and labeling diamonds and other gemstones from mine to market to show country of origin and compliance with the Kimberley Process. The process is designed to provide forensic evidence for legal, finance, security, and verification of any diamond, gemstone, or jewelry product for Chain of Custody. It encompasses patented technologies that both implement a DNA Marking and Tracking system and multi level security protocols marking rough diamonds at the mines, and Gemprint Fingerprint Technology for identifying polished diamonds after the cutting process. The process will allow rough diamonds to be easily identifiable in the marketplace as coming from a specific country or mine.

“As global interests from consumers, governments, and NGO’S mount for reasonable, cost effective, and secure tracking and identification systems for precious metals, diamonds, and gemstones, our companies found synergy in working together to fortify a responsible supply chain,” said Angelo Palmieri, President of Gemprint Corp.

Source Veritas® allows consumers to be assured of the source of their precious possessions, while providing a transparent anti-crime, anti-counterfeiting, and anti-terrorism solution to protect the world’s most valuable and easily transportable assets; diamonds, gemstones, and precious metals.

Gemprint® has a 13 year history of assisting governments, law enforcement, diamantaires, NGO’s, and two of the largest mining companies to help track chain of custody for diamonds in both Canada and Botswana. According to Gemprint Chairman, Donald A. Palmieri, “Our companies, DNA and Gemprint, are based in two countries representing many of the most important stakeholders in the diamond industry. We are instituting an effort to implement these proven advanced technologies to all customs agencies, law enforcement agencies, and governments at little cost, who need help in the fight against money laundering, civil wars, corruption, and terrorism where our industry’s products are misused for funding such activities.”

Wendell Smith, Chairman of DNA Technologies, said, “Our proposed system to use DNA marking for authentication and identification of legitimate rough diamonds is a natural extension of our DNA Matrix™ technology, our patents and IP. The DNA Matrix™ has already been used to protect high value items such as fine art, vintage wines, and premium brand names.” The companies plan to demonstrate the new DNA Marking and Gemprint systems at the annual CBG and JCK (Booth L-153) shows in Las Vegas, May 28-June 3.


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