Diamond market turns to blockchain to help price risk

Lloyd's jewellery underwriters can now use blockchain to see
data on the diamonds they are insuring, after a collaboration
between technology company Everledger and the Diamond Durability
Laboratory (DDL).
Everledger said today that customers could now view DDL's
risk reports on an online blockchain platform.
Lloyd's covers the risk of diamonds being damaged when they
are cut. DDL is one of the vendors that supply reports used by
underwriters to price diamond damage risk.
A blockchain is a secur