Page 9 - Bullion World Issue 11 March 2022_Neat

Bullion World | Issue 11 | March 2022

also it can be authenticated. You
can then download the certificate
also.

You can download the certificate of

Earlier, the time taken for the bonafides of the Huid hallmarks authenticity and keep it for future
hallmarking was 24 - 36 hours laser marked on an articles reference. So the jewellers can
which has now come down to 8 have this as proof of hallmarking as
hours, so there are no complaints A significant amount of hallmarking well ,and if a consumer want to sell
of the backlog of work in the is done in the 9 manufacturing the jewellery, they can show this
hallmarking centres. There are metro cities and is getting supplied as bonafide ownership certificate
no major complaints from the to the retail locations. For e.g.: or if one wants to pledge it to any
jewellery side, and everything is the retailer sitting in Madurai or a NBFC, they will get the full value
getting streamlined in a steady faraway place like Assam was not for the Gold content With the
process. Here, the main glitch is having any mechanism to verify activation facility, the entire supply
the registration of Huid traceability whether the HUID done in Mumbai chain can verify the bonafides of a
, which is yet to be activated. is genuine or not. With that app, jewellery article and it is a game-
As of now, the Huid traceability the authenticity of Huid is verifiable changer for the Gold Industry.
verification mechanism is in place by the various segments of people
, but there is no HUID transfer in the gold supply chain. How was your experience in IGC
facility from the manufacturer to this time?
the jeweller , leaving a vacuum How to assure the customer, that It has been a great experience ,
in tracing the end retailer who is the product is genuine, what is as we are networking after a gap
selling the jewellery article to the the process and how do you plan of two years. Looking forward to
consumer. to market this idea? meetings for the long term. It's a
There are 2 ways of doing it, 1) good beginning after a long gap.
How effective is the Huid One need to download the BIS app
verification ? on your mobile phone or computer,
Presently the BIS officers are log in to the six alphanumeric
having a mobile app on their codes, you will receive details
cell phones, through which they on the genuineness of the Huid
can identify the authenticity of marked product. 2) For a 60-year-
any piece of huid hallmarked old person, who don't have a
jewellery. The same app is made mobile app, he may go to an e
available to the jewellers and the Seva Kendra and ask them to log
consumers, enabling them to verify into the BIS portal website, then

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