1、PROVENANCE,TRACEABILITY AND TECHNOLOGY23TABLE OF CONTENTSPreface:A Record of Pioneering Value Executive Summary Key Findings Key Recommendations Key Technologies and Companies References and Acknowledgements 4 14 16 30 34 38Taking place on the sidelines of the Kimberley Process intersessional meetin

2、g in May 2024,DMCC organised a tangential event titled,“Provenance,Traceability and Technology(PTT)in the Diamond Industry”.Conceptualised to expand on,and address,the key developments and challenges of the global diamond trade landscape,the events main aims were to illustrate the significant progre

3、ss made in the industrys technical development,the value and role of technology in raising industry standards,and promoting a better understanding of the crucial role suppliers play in driving transformative,technological adoption.As highlighted by ORIGINALLUXURYs co-founder,Margot Stuart,the diamon

4、d A Record of Pioneering ValueFollowing DMCCs Provenance,Traceability and Technology Forum held during the Kimberley Process Intersessional Week at DMCCs Almas Tower in Dubai in May 2024,I discuss several of the most important actions and ideas,their lasting impact on the diamond industry,and how si

5、milar solutions can add significant value to other high-value sectors.By Ahmed Bin Sulayem,CEO and Executive Chairman,DMCCPREFACE54industry stands at a pivotal crossroads in its evolution.Faced with several key challenges ranging from changes in consumer behaviour,the growing popularity of lab-grown

6、 diamonds,and the recent import restrictions put in place by the G7,the pressure on industry stakeholders has certainly increased.With that being said,the outcomes of the PTT have also made it clear that not only can these challenges be overcome,but potentially swing the pendulum back towards a more