Work Commodity trading

DIAMOND NXT · Blockchain engineering

Provenance tracking for diamond trading, evidenced on chain

Case study detail

DIAMOND NXT: Provenance tracking for diamond trading, evidenced on chain

The challenge

Diamond trading has a long-standing transparency problem: proving origin and ethical sourcing is difficult, which discourages both buyers and investors. Without verifiable provenance, participants carry fraud risk they cannot price.

What Pixelette built

A tokenised trading marketplace with provenance tracked on chain, using ERC-1155 and decentralised storage for the asset records, and a trading interface backed by real-time data services.

The result

Origin and chain of custody became something a participant could check rather than take on faith, and the marketplace drew traders who stayed with it. The accuracy rate, the tokenisation growth, the number of traders engaged and the retention rate are all held for evidence.