What do we do
In our closed-loop ecosystem, we meticulously track each diamond’s journey, from the moment it is unearthed at the mine through the entire production process, until ultimately arriving with a consumer.
Backed by a digital closed-loop
We developed a proprietary Internet of Things (IoT) device, the HB Capsule, to collect more than 3,000 verification points, from the discovery of the stone, throughout the production process, until it’s ready to go to an end consumer. All this data is immutable and stored on a state-of-the-art HB Ledger created in partnership with Microsoft. By doing so, HB has replaced trust with verifiability, providing a significant advantage to all our stakeholders: mines, governments, consumers, and communities.
A New Pricing Model
HB Antwerp has introduced a new business model for diamonds. By shedding light on every step of our supply chain, we’ve created new, meaningful leverage for our miners and mining communities. For the first time, the country of origin knows how much value they are creating and what is staying in the country to help improve the lives of its people.
As a result, miners now get paid on the higher, actual polished prices of their diamonds instead of the lower, estimated rough value.
This pricing mechanism is groundbreaking in the diamond industry and promises to be transformative for mining communities and countries.
A New Standard
In the first two years of operation, the HB model delivered a 40% higher return in royalties to the Botswana government – money that the government can then invest in the local communities.
In 2022, H.E. Mokgweetsi Masisi, President of Botswana, announced that the HB model should become the standard for how governments deal with their natural resources, stating that Botswana will never go back to the old way of doing things, selling rough diamonds based on speculative prices.
A scalable operation
Our Mineral Infrastructure, built on data and technology, enables us to scale up our operation, implement our model in other geographies, even apply it to other natural resources.
To involve local communities and train local talent, we launched the HB Academy and the HB Innovation Lab. We developed specific training programs for both initiatives that lead to a wide array of meaningful career opportunities within HB.