Jun 03, 2019

De Beers Traceability Platform Enters New Phase with Launch of Tracr Community

Tracr™, the end-to-end diamond traceability platform, being developed by De Beers Group in collaboration with the diamond industry, launched a new Tracr Community ecosystem for the education and collaboration of industry participants, during the ongoing JCK Las Vegas Show.

The launch signifies that the platform’s forming phase has ended and it is now ready for mass adoption, Tracr said in a statement released last week.

Describing the Tracr Community as an educational resource and collaboration space for all Tracr related topics, the announcement said that the technology education and onboarding material will enable industry participants to prepare for the Tracr Beta Platform which is likely to take place in the next few months.

As the Tracr Community develops it will also serve as a knowledge base for data standards, technical readiness and process best practices that will allow for seamless integration with the Tracr platform, the note said.

The migration to the Beta Platform which is the industry grade solution, will begin soon, Tracr explained, and as the new ecosystem grows, the Community will become a vibrant environment for communication, collaboration and education of the wider diamond industry for the topics of provenance, authenticity and traceability.

Jim Duffy, CEO, Tracr, said: “As industry adoption of Tracr grows, we will continue to raise awareness for the requirements of traceability, authenticity and provenance of diamonds. Creating a Community portal for the industry to interact and learn about Tracr is an important step to ensure that the Tracr Platform is established with the entire industry in mind, whilst enhancing consumer trust. We’re very excited to be working with an increasing number of industry leading companies from across the entire value chain. Tracr is quickly becoming the digital infrastructure for the diamond industry by creating a robust data sharing ecosystem that both responds to consumer requirements while simultaneously driving better business efficiency.”