The United Arab Emirates is rewriting the rules of the global diamond game with the launch of Verifico, a new digital platform built to bring ultimate transparency and security to the $100 billion diamond trade 💰💠.
🖥️ Revealed at the Kimberley Process Intersessional Meeting in Dubai’s futuristic Uptown Tower, Verifico will digitize the entire Kimberley Process Certification system — a UN-mandated initiative to keep conflict diamonds out of the market. And it’s open to all 85 participating countries.
Why this matters:
- 🌐 It’s a global tool for traceability, ensuring your bling is conflict-free and fully documented
- 📲 It’s part of the UAE’s massive 2024–2025 diamond modernization push, under the banner “Year of Best Practice”
- 🇦🇪 The UAE is the only Arab nation to chair the Kimberley Process — and now it’s leading the charge into the digital future
📦 Over the last 5 years, Dubai alone has handled 1.06 billion carats of rough and polished diamonds 😲
In just 2024, it’s already moved 179 million carats, confirming its spot as a top-tier global diamond hub.
💬 The UAE also called for a ministerial-level meeting of all KP nations to tackle challenges together — from policy to regulation to sustainability. It’s not just about diamonds anymore; it’s about global collaboration.
✨ Bottom line: If diamonds are forever, Verifico makes sure their story is too — from mine to ring box, fully traceable, fully transparent. 💍🔗
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