Revolution in diamond trade: massive discovery and new approach by HB Antwerp

Amazing discovery of a diamond weighing over 1000 carats

Narshi Kalsariya, an experienced engineer with 17 years of experience in the diamond industry, had the opportunity to see a diamond of impressive size for the first time – over 1000 carats. This extraordinary discovery took place in Botswana, a country with exceptional diamond deposits, controlled by the company HB Antwerp, a pioneer in revolutionizing the diamond trade model.

HB Antwerp – a new quality in the diamond trade

Founded by three Belgian-Israeli entrepreneurs, HB Antwerp aims to change the traditional diamond trading model. They seek to transfer control over the process and profits to countries where diamonds are mined, such as Botswana. Despite the huge profits Botswana has been earning from diamond trading, the country still struggles with high unemployment and deep social inequalities.

Changing conditions in the diamond industry

HB Antwerp plans to capture a larger share of the diamond market, especially now as other companies are beginning to block diamonds from Russia. With an innovative approach to diamond trading and the use of blockchain technology to track diamonds from extraction to retail sale, this company has a chance to significantly alter the prevailing conditions in the industry.

Impact of HB Antwerp on Botswana

Although HB Antwerp has a disproportionately large influence compared to its financial results, the company has contributed to increasing Botswana’s revenues from diamond trading. By altering the contract terms between De Beers and Botswana, HB Antwerp has led to an increase in the country’s share of diamond trading profits.

The future of diamond trading

HB Antwerp believes that its diamond trading model can be adapted to other mining industries, opening up new development opportunities for resource-rich countries. The company also plans to introduce an innovative solution in the form of „birth certificates” for consumers, providing information on the origin of diamonds, which may enhance transparency and trust among customers.

HB Antwerp has the opportunity to change the face of the diamond industry and contribute to a fairer distribution of profits and benefits for countries where valuable stones are mined. Through its innovative approach and commitment to social change, this company could play a vital role in shaping the future of diamond trading worldwide.