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Please refer to the attached file. You are supposed to provide the analysis and findings.

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ISYS3408 Blockchain For Business Tutorial Notes 2022 semester 1 Page 54
Tutorial 8 Blockchains in Supply Chains
Analysis using development framework
One of the most active industries looking to leverage blockchains is logistics and
supply chain. A number of initiatives in this space were discussed in lecture 3.

The specific industry of interest this week is the diamond supply chain. One
major issue with diamonds is “blood diamonds” – diamonds mined and sold by
oppressive regimes to fund wars. Another issue is proving the prevenance of
natural diamonds vs artificial diamonds. Fraud is also a problem where inferior
diamonds are passed off as higher value diamonds.

Everledger is a company founded in Brisbane, Australia, that has created a
lockchain based platform to record and trace diamonds in the supply chain.
Everledger have also expanded their platform to other high value goods.

Your task this week is to investigate and analyse the everledger diamond
lockchain project. As a guide, you are to use the “Blockchain Collaborative
Network Development Framework” that is discussed in lecture 8.

https:
papers.ssrn.com/sol3/papers.cfm?abstract_id=3677671

This is intended to help prepare you for the blockchain industry analysis
assignment, in which you are required to use the same framework as a guide.

Some web resources and articles about the project are listed below, but you can
also find others yourself:

https:
everledger.io/
https:
everledger.io/industry-solutions/diamonds/

https:
cointelegraph.com/news/diamonds-are-blockchains-best-friend-how-dlt-
helps-tracking-gems-and-prevents-fraud
https:
www.fo
es.com/sites/oracle/2019/07/12
lockchain-records-are-
forever-in-opaque-diamond-market/?sh=5b2914a1270b

https:
www.babson.edu/academics/executive-education
abson-
insight/technology-and-operations/diamonds-and-the-blockchain/
https:
www.frontiersin.org/articles/10.3389/fbloc XXXXXXXXXX/full

https:
www.altoros.com
log/a-close-look-at-everledger-how-blockchain-
secures-luxury-goods/






ISYS3408 Blockchain For Business Tutorial Notes 2022 semester 1 Page 55

Using the above resources and others you may find, try and identify as many
elements of the project you can in the four categories defined in the framework:
 Structural
 Componential
 Functional
 Behavioural
Some categories will naturally be easier to identify (structural) while others may
e harder to work out as details may not be publicly available (e.g. behavioural).
Group Activity in class

If you are doing the tutorial task during a scheduled tutorial class, you will be
formed into groups and each group will explore the project together. Each group
will then report a summary of their findings to the class. Sharing findings in this
way will assist you in completing the task more quickly and potentially give you
insights into elements you might otherwise have missed.
Tutorial Evidence for Assessment

You are required to submit a report of your analysis findings in your submission
as part of labtask 3. You are welcome to incorporate the findings shared by the
groups in the tutorials.
You are required to include the references you obtained your information from.
The report is expected to be approximately 500 words, but you can write more if
you like.
Answered Same Day May 25, 2022

Solution

Tanmoy answered on May 25 2022
98 Votes
EVERLEDGER DIAMOND BLOCKCHAIN PROJECT
Table of Contents
Introduction    3
Analysis    3
Conclusion    4
References    5
Introduction
The diamond buyers are doubting on the authenticity of the diamond due to its origin and price. The diamond supply chain is generally mined from Africa and Canada then reaches the customers after it touches many hands. Hence, the final consumers want to ensure if the jewels are sold for financing of insurgencies and conflicts in different nations. The insurers on the other hand wants to have a stoppage on the frauds and stealing. Hence, the information distributed by the dealers on a paper does not contains absolute records. Therefore, it is Everledger company which is providing a blockchain platform for tracking the actual roots of diamond. Further, using the blockchain technology it can get details to build a joint and tamper-proof digital ledger of diamonds.
Analysis
The Everledger blockchain is also deployed by many diamond dealers which using the tracking technology can claim to fully wa
anty with respect to the authenticity of various diamond products and maintain a well-established supply chain which begins from extraction of the diamond to polishing and finally reaching the customers (O’Neal, 2019).
Further, the Everledger blockchain platform labels each diamond which have a unique code in digital format. Further, it is monitored on a distributed ledger which helps the participants of...
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