International News
GET-Diamonds to Launch World’s First Blockchain-Based Digital Diamond Certificate at JCK Las Vegas
In a move poised to revolutionize the diamond industry, GET-Diamonds.com, in partnership with digital identity firm YourProof.id, will unveil the world’s first blockchain-based Digital Diamond Certificate (DDC) at the JCK Jewelry Show in Las Vegas on 6 June 2025.
This innovative certificate links a diamond’s grading report to a tamper-proof blockchain record, accessible through a secure digital wallet. Unlike traditional paper certificates, which are often lost or forgotten, the DDC is a verifiable digital asset — portable, secure, and impossible to misplace.
“About 80% of diamond buyers lose their certificates within months,” said Tim Goodman, CEO of GET-Diamonds and YourProof.id. “With YourProof.id, the certificate becomes part of the diamond’s story — safely stored, shareable, and rich in value.”
Beyond authentication, the DDC offers personalization features: retailers can embed branded content, educational videos, promotions, or even heartfelt messages — creating a digital experience for every diamond.
Built on Ethereum smart contracts and fully compliant with KYC/AML and GDPR standards, the DDC not only boosts trust and transparency but also helps safeguard brand value across the supply chain.
The innovation will also be highlighted at the WFDB Presidents’ Meeting in New York on 10–11 June, where dignitaries including Botswana President Duma Boko and U.S. Secretary of Commerce Howard Lutnick are expected to attend.
Available to WFDB and GET platform members starting at $25 per certificate, the DDC will soon integrate traceability data from Sarine, a leader in diamond tech.
Goodman concluded: “We’re setting a new global standard. Retailers will receive diamonds already certified with a DDC and can instantly transfer the certificate to their customer’s wallet at the point of sale. And if they don’t have a wallet? It only takes a minute to set one up — in-store or online.”
International News
AGTA appeals US Government to Scrap 10% Import Tariff on Gemstones
Trade body seeks exemption for coloured gemstones under new temporary tariff regime, with potential implications for diamonds.
The American Gem Trade Association (AGTA) has formally appealed to the US government to remove the newly imposed 10% global import tariff on gemstones, and potentially diamonds, warning of its impact on the trade.
The tariff was announced on February 20 after the US Supreme Court struck down President Donald Trump’s reciprocal tariffs issued under the International Emergency Economic Powers Act (IEEPA). In response, the administration introduced a temporary 10% import surcharge under Section 122 of the Trade Act of 1974. The measure will remain in effect for 150 days unless Congress votes to extend it, though further tariff mechanisms have not been ruled out.
AGTA has submitted a formal request to the Office of the United States Trade Representative (USTR), urging that precious and semiprecious coloured gemstones be added to the exception list under Annex I or Annex II. The association argued that these stones are not mined domestically in the US and therefore should qualify for exemption.
Previously, AGTA’s lobbying efforts contributed to diamonds and gemstones being included in Annex III — a list of products eligible for potential exemption from duties for “aligned” countries. This had placed Indian diamonds and gemstones on track for relief following a prospective US-India trade agreement. However, it remains unclear whether Annex III provisions apply under the new tariff framework that recently took effect.
If the across-the-board exemption request is denied, AGTA has asked the USTR to confirm whether Annex III remains a viable pathway for country-specific tariff relief on coloured gemstones.
While the current petition focuses on coloured gemstones, AGTA noted that trade experts believe any exemption granted in this category could effectively extend to diamonds, as seen in past trade agreements such as the US–European Union deal.
“We will continue to work tirelessly toward eliminating tariffs on gemstone imports into the US. We remain fully committed to this effort — giving up is not an option,” said AGTA President Bruce Bridges and CEO John Ford.
-
National News4 days agoIIBS-11: Navigating the ‘New Gold Rush’ in a fragmenting global economy
-
International News4 days agoOroarezzo 2026, with Italian Exhibition Group, Manufacturing Explores New Markets
-
ShowBuzz1 hour agoIndia International Bullion Summit 2026
-
GlamBuzz7 hours ago#ViRosh Ki Shaadi: Rashmika Mandanna & Vijay Deverakonda Celebrate Love with Temple Gold & Timeless Tradition
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.