World Federation of Diamond Exchanges intends to use blockchain technology to improve transparency in diamond trading

According to Mining Weekly, the World Federation of Diamond Bourses (WFDB) decided to take steps to further improve the transparency of diamond trading after a special meeting on blockchain technology and traceability of supply sources. WFDB President Ernie Blom said: "WFDB has accepted the fact that the blockchain will continue to exist, but it must be practical and available to every member who wants it, not just a few." WFDB has decided Get in touch with some blockchain experts to help develop a solution that will benefit all WFDB members.