Blood Diamonds

Blood Diamonds

A blood diamond (also called a conflict diamond, converted diamond, hot diamond, or war diamond) is a diamond mined in a war zone and sold to finance an insurgency, invading army's war efforts, or a warlord's activity. These terms are particularly used in the context of diamond trading to indicate the negative effects of their sale. These diamonds are mined particularly in Africa[1] where around two-thirds of the world's diamonds are extracted.[2] The phenomenon of conflict minerals has the same nature.

  1. We recognize that rough diamonds individually are not sufficiently determinable as to source and origin. However, with the correct system, rough diamond parcels can be monitored within a net.
  2. There is no implementable way to tag, track and identify finished polished diamonds.
  3. All legitimate rough diamonds can travel within an identifiable net.