A initiative is being set up in the UAE to prevent the trading of so-called "blood diamonds" using blockchain technology to provide "tamper-proof" evidence of provenance. bin Sulayem, chairman of the Kimberley Process (KP), has held meetings with Dubai’s Blockchain Council and said that blockchain technology could create a "seamless and continued global process for the KP certification scheme." An update is expected during the annual plenary meeting of the KP in November.
A initiative is being set up in the UAE to prevent the trading of so-called "blood diamonds" using blockchain technology to provide "tamper-proof" evidence of provenance. Ahmed bin Sulayem, chairman of the Kimberley Process (KP), has held meetings with Dubai’s Blockchain Council and said that blockchain technology could create a "seamless and continued global process for the KP certification scheme." An update is expected during the annual plenary meeting of the KP in November.