IBM Research stated that the market’s interest in tracking physical goods through the use of blockchains is growing rapidly, and its newly released Crypto anchored verifier is like a 'number' that can record public or personal peer-to-peer transactions. 'The ledger is a natural partner of blockchain technology. It works by first capturing the optical identity of the original undamaged product and recording it on the blockchain, which in turn can verify that the product is Whether the entire supply chain has been tampered with.
At present, they are throwing an olive branch to the GIA to apply this product to the identification and evaluation of diamonds. At the same time, GIA also expressed the hope that the new technology will be used to create and add diamond records to ensure The transparency and verifiability of the diamond from the manufacturer to the consumer, and the product is integrated into the blockchain.
For the future development of this new product, IBM Research believes that the opportunities for Crypto-anchor verifiers are limitless. It provides a viable way to protect and validate various substances and commodities and integrate them into the blockchain. , It can bring a new level of trust to business transactions.