Key points
- Trans Hex has integrated the ItraceIT chain-of-custody system into its operations.
- ItraceIT was developed by a Belgian company with more than 20 years of experience in the diamond industry.
- The system combines artificial intelligence, the internet of things and blockchain to track diamond parcels of any size through the supply chain.
- Trans Hex describes the integration as the first step in a broader technological transformation.
Trans Hex, one of the leading suppliers of natural rough diamonds on the African continent, is excited and pleased to announce the integration of ITraceIT.
ItraceIT is a software product developed by a reputable Belgian company with more than 20 years of experience in the diamond industry.
The software package is an advanced, highly secure traceability system that combines artificial intelligence (Ai), the internet of things (IoT) and blockchain technology to track any size diamond parcel at all stages in the product supply chain.
The integration of this world class traceability system is the first step for Trans Hex, towards a technological transformation that will enhance standards and raise expectations of what the company is capable of providing their clients.
Confidence in the origin of natural diamonds is extremely important, providing assurance to consumers in an ever-growing ethical market. Traceability platforms such as ITraceIT underpin trust in diamond provenance, increasing credibility and authenticity of our product.
