The value of authentic Australian pearls is set to be boosted by a pioneering digital tracking system.
He said the technology was already being used in the diamond trade to maintain a fail-safe database of high-value gems .In a world-first, Australian Farmer of the Year James Brown is trialling the use of blockchain technology to document and track pearls produced at his company’s farms in WA and NSW.
“Source of origin is so important, and this allows us to record it in a permanent way,” Mr Brown said.
“When a consumer purchases a pearl that’s recorded on the blockchain, they’ve got all the details of when it was fished, the technician that seeded it, when it was harvested; all of that is captured.
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