KIEV, Ukraine, Nov. 17 /PRNewswire/ -- Fraud and counterfeiting of a wide range of valuable goods, including designer fashions, precious gems, antiques and fine art, has emerged as a multi-billion dollar epidemic costing buyers and sellers around the world. The International Chamber of Commerce estimates that seven percent of world trade is in counterfeit goods. However, an exciting new technology can give brands and consumers peace of mind as to the authenticity and history of what is owned or being offered for sale, while at the same time aiding law enforcement in identifying and recovering stolen items.
The first large scale use of this new security technology is by the De Beers Group, the 100-year-old leading diamond company, with its dominant mining interests and a global retail network. Last year, De Beers joined with the EDAPS Consortium, a Ukrainian-based global security document company which prints government-issued passports and legal bank note currencies, to produce a highly protected, tamper and forgery-proof "De Beers Diamond Passport."
The EDAPS-produced passport guarantees the authenticity of a specific De Beers diamond which is given a unique identification number which is invisible, even under very high magnification, except with a proprietary device.
The De Beers Diamond Passport documents the item's image and ID number along with its color, clarity, carat weight, exact cut, measurements, origination and metal type. These characteristics are included within a virtually indestructible polycarbonate data page on the diamond's accompanying passport. Through the use of a proprietary method of laser engraving, each passport is protected with 29 security elements, making it impossible to counterfeit or alter, and guaranteeing the legal or
|SOURCE EDAPS Consortium|
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