Amplifying truth to empower nations
HB Antwerp and Botswana are bringing truth and equity to their value chain, shocking the diamond business, as a model for other African nations and industries.
A win for citizens
The shift from exporting rough stones to polished diamonds had the potential to dramatically increase royalties to the government of Botswana and to provide additional infrastructure to the nation’s citizens.
Creating Moments Of Truth
Microsoft Azure Confidential Ledger, using blockchain technology, allows HB Antwerp to record immutable data points ensuring maximum value and visibility as each diamond is cut, polished, and delivered to its final prophecy.
The HB Antwerp IoT vault
Internet of Things (IoT) devices with GPS tracking and authorization provide a secure way to record each diamond’s journey from mine to consumer. Every interaction with the diamond creates an immutable “transaction” on the ledger for new levels of equity, and sustainability.
HB Antwerp: Delivering supply-chain truth
Changemakers at HB Antwerp are delivering the true story of a diamond’s journey and worth through automation, a secure cloud, and IoT capsules. With 3,000 points of verification captured in Azure Confidential Ledger, the IoT capsules act as both secure vaults and hosts to stone identity, creating holistic supply-chain visibility.
Lifting nations through digital innovation
HB Antwerp employs blockchain and IoT technologies to create visibility and empower a nation in the process. For the first time, verifiable data about a diamond’s journey from the mine to the boutique is available for the world to see.
From rough to polished
Through cryptography, visualization technology, and IoT devices, HB Antwerp’s Mineral Infrastructure solution tracks natural resources throughout their transformation. This creates verifiability and insight into the end value of the raw material.
HB Antwerp wins as well
HB Antwerp can predict its profit from each stone much more accurately thanks to the blockchain. It reduces errors, increases communication, and ensures that each stone is cut to create maximum value for everyone involved.
Connecting to the source
For the first time, consumers can see how their diamond purchases contribute to transforming Botswana’s economy and the lives of its citizens.
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