HRD Antwerp Discovers Topaz Disguised as Rough Diamonds

Last week, a leading diamond grading and certification lab HRD Antwerp detected two large topaz stones fashioned to imitate rough diamonds in an apparent attempt to fool a trader. "Two large, near-colourless rough stones weighing 50.08 and 38.18 ct were submitted to our research department to determine their quality," HRD's statement reads. "The results indicated that the gemstones, believed to be diamonds, were actually topaz.

LaboratoriesTechnology

Sarine Releases Updated Version of its Advisor™ Rough Planning Software

Sarine Technologies introduced the latest version of its rough planning software tool, AdvisorTM 7.0, which has the capability to fully atomize the rough planning process. This version includes several new and enhanced features designed to enable diamond manufacturers to, “further streamline the planning process and optimize the polished yield”.

Technology

Israel Diamond Exchange to Launch Tech Hub

The Israel Diamond Exchange (IDE) is opening the Diamond Tech Innovation Center, "a technological incubator for Israeli and international diamond-related start-ups" in the initial stages of development. The driving ideas behind this initiative is to promote "new technologies for diamonds in the broadest sense, reaching beyond gems and jewelry." This includes the use of diamonds in industrial platforms, robotics, semi-conductors, medical technologies, space technology, as well as software, finance, and B2B and B2C marketing platforms.

TechnologyGradingManufacturing

Singapore Diamond Investment Exchange to Test Blockchain with Everledger & Kynetix

Singapore Diamond Investment Exchange (SDiX), the world's first commodity exchange in physically settled diamonds, has announced a partnership with Kynetix, a physical commodity digitisation expert, and Everledger, supplier of blockchain and distributed ledger infrastructure, to complete the first part of a Proof-Of-Concept of a blockchain-based authentication and secure record-keeping service for trading diamonds on a global commodity exchange. The technology is designed to enable holders of diamonds wi

TechnologyPolished

IIDGR Launches Synthetic Screener for Set Jewelry

The JCK show in Las Vegas serves as the ideal platform for the International Institute of Diamond Grading & Research (IIDGR), part of the De Beers Group of Companies, to unveil SYNTHdetect, the first synthetic screening device in the industry to test multiple stones in set jewelry at once. The screener is able to do so without the need for a probe and has the industry’s lowest referral rate at around 0.05%.
 

Technology

GIA M2M™ New Diamond Provenance Service

The Gemological Institute of America (GIA) launched a new service which tracks the origin of a selection of polished diamonds, which offers retailers a new method of being able to uncover a stone’s history. Since the project is only two years in development, GIA's M2M™ (Mine to Market) program is restricted and is not yet able to provide a complete solution to determining a diamond’s provenance. “If you just gave me any polished diamond, I can’t tell you what mine it came from,” says Matt Crimmin, GIA’s vice president of laboratory operations. 

LaboratoriesTechnology

GIA Makes Alarming Discovery: Hybrid (Natural/Synthetic) Blue Diamond

The Gemological Institute of America (GIA) has made an alarming discovery, namely, a natural white diamond covered by a thin (80 microns, or 0.003 inches) synthetic layer that colors it blue – and has warned that more such composites might be on the market. The 0.33-carat stone is a composite of CVD synthetic Type IIb diamond overgrowth on a natural Type Ia diamond.

TechnologyLaboratoriesGrading

De Beers To Offer Synthetic Diamond Detection Training through IIDGR

The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, today announced the launch of a world-first Synthetic Diamond Detection training course. It is the first in a series of education services to be rolled out during 2017, according to a press release. The two-day lab-based course will be unveiled in the U.S. towards the end of the JCK Jewelry show in Las Vegas on 8 and 9 June, and in India at the IIDGR Facility in Surat on 15 and 16 May.

TechnologyLaboratoriesRetail and Consumer Confidence

Hot Topic in Geneva: The Issue of Synthetic Diamonds in Watchmaking

In April 2017, a symposium called, “Synthetic Diamonds: Are Watchmaking and Jewelry in Danger?” was held in Geneva, specifically to address the issue of synthetic diamonds in the domain of watchmaking and how it is possible to differentiate natural from lab-grown stones.

JewelryTechnology

GIA Unveils Diamond Tester Prototype, Bonas Says Synthetic Production on Rise

Some interesting industry developments took shape at last week's Diamond Detection Expo and Symposium sponsored by India's Gem and Jewellery Export Promotion Council (GJEPC).

LaboratoriesRetail and Consumer ConfidenceTechnology

Cartier to Embrace WeChat for Chinese Ecommerce

With 850 million active users monthly, western luxury brands have been quick to embrace China’s “most important platform for luxury brands”, WeChat. Local and international brands have realised the potential of the platform to make them key players in China’s $103 billion jewelry market. Western companies have used it for flash sales as well as marketing and customer interaction. While these flash events have spurred sales, China’s online sales remain limited, says Antoine Pin, managing director of Bulgari in greater China.

Retail and Consumer ConfidenceJewelryTechnology

Advances in Gemstone Traceability Technology

Gübelin Gem Lab introduced the “Emerald Paternity Test”, a technology developed for tracing the origin of emeralds to their exact mine. They were able to do this by using nanotechnology to mark stones with an invisible imprint that is accessible at any stage of the supply chain. The technology is a “true game-changer for the colored-gemstone industry,” said the Switzerland-based laboratory.

TechnologyLaboratories

Varda Shine to Join Sarine Board

Singapore’s Sarine Technologies announced that former CEO of De Beers Diamond Trading Company (DTC) Varda Shine is to join the Board of Directors as an independent director. Shine’s position is subject to approval at Sarine’s annual general meeting to be held on April 25. 

Technology

Signet Jewelers Seeks to Standardize Diamond Screening Machines

Signet Jewelers, as part of its effort to support and reinforce its Responsible Sourcing Protocol for Diamonds (D-SRSP), has been working on a project with product-testing firm United Laboratories and the Diamond Producers Association to create a facility for testing synthetic diamond screening equipment, writes Rapaport News.** The intention is to create an industry standard for such equipment so that, "su

PolishedTechnologyRetail and Consumer Confidence

Former CFO, Synthetic Diamond Producer Scio, Indicted for $7M Fraud

The U.S. Department of Justice, through its District of Minnesota U.S. Attorney's Office, has announced a federal indictment charging former Scio Diamond Technology Corporation (Scio Diamond) Board of Directors Chairman, Edward S. Adams, with "orchestrating an elaborate fraud scheme to embezzle millions of dollars of investors' funds." The indictment alleges the activity happened between 2006 and 2013. Adams was indicted Wednesday in U.S.

LegalTechnology

Diamond Technology Company Sarine Opens New Facility in Surat

Sarin India, the Indian subsidiary of diamond processing equipment maker and services provider Sarine Technologies, has consolidated its Surat operations in a brand new, wholly-owned, hi-tech facility, the “Sarin House”. The new facility covers 55,000 square feet (5,100 sq.m.) over six floors, housing approximately 400 staff members.

GradingTechnology

Hearts On Fire Embraces Jewelry Customization Tech

Jewelers around the world have come to realize the mostly untapped potential of the millennial audience, and technology is the most important tool they have at their disposal, writes Martha C. White for JCK.

JewelryTechnology

De Beers Reveals Next Generation Melee Screener

The Hong Kong Trade Fair serves as the ideal platform for The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies, to unveil its next generation of automated melee screening instruments. The AMS2 will provide diamantaires with a more efficient diamond verification technology solution for melee-sized diamonds. The screener is especially appealing since it also more cost-effective, US$45,000 cheaper than the first generation AMS.

Technology

TEDx Tech Talk: Turning Diamonds Into an Asset Class

Joseph Lipton, inventor and CEO of VULT - a digital diamond exchange platform seeking to turn diamonds into a true tangible asset class - presented his cutting-edge ideas about the future of global wealth at a very special TEDxFultonStreet Salon about “Things You Can’t Have” with other thought leaders in NYC.

TechnologyGradingPolished

3D Printing the Solution to Complicated Jewelry Designs

In 2013, Kristall Smolensk diamonds, a Russia-based major polished diamond manufacturer, unveiled a replica of the Great Imperial Crown (it was on display at the Antwerp Diamond Trade Fair in January).

TechnologyJewelry

New Jewelry Trading App Brings Innovative Tech to Industry

Two professional jewelers are seeking to fill a market need by launching an app for the industry, Jewellery Trader, which gives members of the trade a new tool for sourcing and showcasing jewelry, watches and antiques. It also enables traders to advertise items for sale to consumers. The Jewellery Trader app was designed in an effort to provide an “innovative, cost effective selling tool in an easy to use and manage platform”.

JewelryTechnology

CEO Succession at Diamond Tech Firm Sarine

Sarine Technologies, a major player in precision technology products for the planning, processing, evaluation and measurement of diamonds and gems, has appointed David Block as Chief Executive Officer (CEO), effective 1 May 2017. He will succeed Uzi Levami, who decided to step down due to his age (65) and for personal reasons. Levami will continue serving as an Executive Director of Sarine, as well as a Director of all of its subsidiaries.

Technology

Rapaport's Avi Krawitz Interviews Joseph Kuzi, CEO EGL Asia, on Synthetic Diamonds

Avi Krawitz of Rapaport News sat down with Joseph Kuzi, CEO of EGL Asia and director of Diamond Services, a Hong-Kong based synthetics testing facility, to talk about the phenomenon of undisclosed synthetic diamonds. He heard that the technology behind and production of synthetic diamonds is increasing rapidly, and just because we do not hear about every instance where undisclosed mixing of synthetic and natural diamonds is discovered, does not mean it is not widespread.

LaboratoriesGradingTechnology

Sarine Sells Record Number of Diamond Mapping Systems in 2016

Sarine Technologies Ltd, a global leader in the development, manufacture and sale of precision technology products for planning, processing, evaluating and measuring diamonds and gems, reports that it has delivered a record 24 Galaxy-family inclusion mapping systems in Q4 2016, bringing the total number of 2016 deliveries to 84 systems (previous record year saw 48 deliveries). This figure also tops their former quarterly record of 22 systems sold in Q3 2016. The majority of machines sold were of the Meteor variety for small stones (0.25 to 0.89 carat).

TechnologyManufacturing

American Gem Society Introduces Online Diamond Visualization Tool

The American Gem Society Laboratories (AGS Laboratories) announced the release of a new service offering - "Only My Diamond" - that allows suppliers and retailers to present the diamond to their customers by "bringing the grading report to life", and providing complete details on the 4Cs, with visual and descriptive explanations of the diamond characteristics. The service is an interactive online tool on AGSLab.com, providing an enhancement to AGS Laboratories' Diamond Quality Document (DQD) by offering supplementary diamond quality information.

Retail and Consumer ConfidenceJewelryTechnologyGrading

Unprecedented Ruling on Rough Diamond Transaction in Israel

Avi Krawitz of Rapaport News details a decision by the Israel Diamond Exchange (IDE) to enforce a new rule compelling a dealer to cancel the sale of a rough diamond after he failed to disclose that a stone underwent value analysis using a Sarine Galaxy machine. Krawitz has been informed it is the first ever enforcement of new guidelines the World Federation of Diamond Bourses (WFDB) adopted in May aiming to keep a level playing field between both parties trading rough diamonds.

GradingTechnologyManufacturing

Sarine Announces Innovations in Automated Diamond Clarity and Color Grading

Diamond manufacturing technology company Sarine Technologies announced in a press release the unveiling of it, "new groundbreaking technology for clarity and color grading", which it claims, "will revolutionize the way the diamond industry and consumers perceive clarity grading, and transform the polished sourcing and sorting process ... Technological standardization translates into greater credibility for the industry and increased trust for the diamond consumer." They say while carat size has traditionally been the only objectively measurable factor of the 4C’s in diamond grading, Sarine

TechnologyPolishedGrading

Lucapa Commissions XRT Large Diamond Recovery System

Lucapa Diamond Company, the Sydney-listed diamond producer and exploration firm, had started commissioning the modules for the new state-of-the-art XRT processing and recovery stream, a move they announced last summer. The he XRT technology and larger screens (55 mm) recovery and sorting solution will allow recovery of diamonds of up to 1,100 carats. This is the same technology Lucara Diamond used to recover the 1,109-carat Lesedi La Rona.

Mining and ExplorationTechnology

Rob Bates: On the Diamond Value- and Block-Chain

Current KP Chair Ahmed Bin Sulayem wasn’t the first to contemplate the possibility of integrating blockchain technology in the diamond industry, when he addressed the KP members during the Intersessional meeting last summer. In recent months, the term “blockchain” has been popping up more and more in conversations within the industry, especially on how the technology could increase transparancy, which in turn can for example, optimize operations or enhance a company's bankability. 

In-depthTechnology

Lloyd's of London Backs Authenticity of Diamonds in Digital Exchange Platform (VULT)

In a news release, VULT - a digital diamond exchange platform whose, "revolutionary technology turns diamonds into a modern asset class: liquid, portable and fully fungible" - announced: "Secured Worldwide, the creators of VULT, a unique diamond investment product, has won the backing of the Underwriters at Lloyd’s of London for VULT’s warranty of the authenticity of every diamond in VULT units sold to consumers by Secure Worldwide.

TechnologyFinance and Trade

Indian Company Dharmanandan Announces Latest Synthetic Diamond Detection Instrument

Under the slogan, "Bring out any truth hidden behind your jewel that promised natural diamonds", the Dharmanandan Research Centre (DRC Techno) announces the J-Secure synthetic screenig device. Claiming it to be the, "World's first instrument that detects synthetic diamonds in studded jewelry", DRC says it will detect synthetic diamonds as small as in the -2 sieve size (0.003 carats) that have been jewelry. DRC is best known for producing D-Secure, which detects synthetics in loose diamonds.

TechnologyRetail and Consumer Confidence

Antwerp Bourses to Take Lead Against Undisclosed Synthetic Diamonds

As announced last week, the Antwerp diamond bourses will make it possible for all its members to avail of HRD Antwerp screening technology at no cost. This initiative adds a second layer of confidence, as polished diamonds imported to Antwerp from India are already checked at AWDC's Diamond Office.

PolishedTechnology

Antwerp Takes Lead in Combatting Undisclosed Synthetic Diamonds

This afternoon, the Antwerp World Diamond Centre (AWDC) hosted a forum organized by the Federation of Belgian Diamond Bourses (FBDB) to tackle the issue of undisclosed synthetic diamonds and address the legal and technical aspects concerning the disclosure of synthetic and treated natural diamonds.

LaboratoriesGradingTechnology

De Beers' IIDGR to Showcase Phosview at UK Jewelry Conference

De Beers' International Institute of Diamond Grading & Research (IIDGR) will showcase its PhosView™ screening instrument in the UK for the first time at the UK Jewellery Conference at the East Midlands Conference Centre on October 3-4 2016. The PhosView™ was launched at the Hong Kong Gem & Jewellery Fair from September 14 to 18. Demand for the technology has been "particularly strong in the first two weeks it has been available to purchase," De Beers said in a statement.

Technology

ALROSA Introduces "Diamond Inspector": Handheld Screening Device

Russian mining giant ALROSA introduced an innovative detection device for polished diamonds at the September Hong Kong Jewellery & Gem Fair. According to the press release: As part of the measures to protect the natural diamond market from illegal mixing of natural and synthetic diamonds, ALROSA and the Federal State Bugetary Institution “Technological Institute for Superhard and Novel Carbon Materials” have developed a series of innovation devices for detecting polished diamonds and diamond jewelry.

Technology

New P2P Diamond Exchange Looks to Boost Resale Value

The Hong Kong Accredited Diamond Exchange (HKADE), backed by a renowned Hong Kong serial entrepreneur Mr. Shih Wing-Ching, provides the first online peer-to-peer (P2P) global diamond marketplace with its reliable verification service and unique features for investment consideration with the support of non-physical settlement, according to a company press release. "There is a big gap between the retail price and resale price of diamonds," Mr. Shih stated. "This is because information about the diamond market is not always clear.

PolishedTechnologyJewelry

Fed. of Belgian Diamond Bourses Announces Forum on Synthetic Diamond Detection, Disclosure

The Federation of Belgian Diamond Bourses has announced an information session on "Disclosure of Synthetic, Treated Natural and Natural Diamonds" to be held on September 29 at the Antwerp Diamond Bourse. The forum will cover the legal framework regarding the disclosure obligation of bourse members, as well as technical information on detection of synthetics, featuring speakers from: HRD Antwerp, GIA and Forevermark/IIDGR/De Beers, followed by a question & answer session.

TechnologyLaboratoriesRetail and Consumer Confidence

Lockheed Martin Files Patent for Synthetic Diamond 3D Printer

US aerospace company Lockheed Martin has filed a patent for a new kind of 3D printer. The patent, filed on April 4 by inventor David G. Findley, describes a new way of 3D printing which would use a pre-ceramic polymer and nanoparticle filler to create synthetic diamond objects of just about any shape, says a report in www.3dprintingindustry.com. The main aim of the printer will most likely be to make drill bits, sharp objects and possibly lightweight armor, but will also give jewelry makers untold design possibilities.

Technology

Chow Tai Fook Launching "4Ts" Diamond Tracking Campaign

“To Tell the Truth” is the tagline of Chow Tai Fook's brand differentiation campaign designed to generate consumer confidence by enabling customers to track the journey of its diamonds from source to finger. Campaign Asia-Pacific writes, "Chow Tai Fook claims to have developed a patented technology that allows it to emblazon each diamond with a 'T mark'", or a unique serial number engraved on each stone, enabling the traceability of the stone from its source through processing, cutting, polishing, authentication and design.

TechnologyRetail and Consumer Confidence

Undisclosed Mixing of Synthetic and Natural Diamonds a Troubling Trend in India

If the interest demonstrated at the "Screening & Identification of Synthetic Diamonds" seminar hosted by GIA at last week's India International Jewellery Show is any indication, undisclosed mixing of synthetic and natural diamonds is of great concern in India. The Tribune India writes, "According to industry sources, many small traders are quietly mixing the lab-cultured stones with natural diamonds and palming the consignment off to unsuspecting buyers.

LaboratoriesTechnologyGrading

Singapore Diamond Exchange Conducts First Trades

Synthetic Melee and Rapaport’s New Diamond Guarantee

Rapaport Auctions and Trading issued a press release today offering clients, "the opportunity to purchase parcels of melee that are 100% natural and untreated," and their timing could not be more appropriate. On July 18, Morgan Stanley released a report on the effect of synthetic diamonds on mined diamonds, which says that the share of synthetics is so far negligible, but not for long.

LaboratoriesRetail and Consumer ConfidenceTechnology

ALROSA to Aid Mining and Metals Technology Start-Ups

Russian diamond miner ALROSA, the largest diamond miner in the world, has become a partner of the GenerationS-2016 federal accelerator which aids technology startups in Russia and Eastern Europe organized. The best projects selected on the basis of the results of a multi-stage assessment receive intensive development and opportunities to attract new investment. ALROSA will support the Mining&Metals corporate track that combines a wide range of refining technology, processing of precious metals and diamond mining.

Technology

Morgan Stanley: Synthetic (Melee) Diamonds Poised To Disrupt Natural Market

Citing a Morgan Stanley & Co. International research report, JCK's Rob Bates writes that synthetic diamonds pose a threat to the diamond industry, in particular to the prices of small 'melee' diamonds, and could turn out to be, “a serious potential disruptor” to the established diamond market.

LaboratoriesMarket AnalysisRough MarketTechnology

From Rough to Polished Diamond: Graff's Golden Empress

Several yeas ago, famed diamond house Graff Diamonds came across an opaque 299-carat rough diamond from the Letšeng Mine in Lesotho, owned and operated by Gem Diamonds. HauteTime traces the journey of the 299-carat rough fancy intense yellow diamond into the 132-carat Golden Empress diamond. "Before the rough jewel was cut," writes Roberta Nass, "Graff’s Senior Gemologists spend many months meticulously studying the nuances of the stone, and the risks involved in cutting it. With the study complete, imagination, exceptional skill and intense precision came into play.

PolishedJewelryTechnology

Sarine Acquires App-Based Point of Sale Technology Maker DiaMining

Diamond manufacturing technology maker Sarine Technologies has acquired the technology and assets of DiaMining, a developer of Point of Sale (POS) applications for diamonds, gemstones and jewelry. DiaMining's solutions offer retailers and wholesalers advanced state-of-the-art POS solutions that combine comprehensive product information and digital imagery of their choice. DiaMining's apps integrate with many commonly used inventory management systems and can easily be integrated to others, Sarine reported, without revealing how much it paid for DiaMining.

Technology

Zimbabwe Sends 25 People to China for Diamond Cutting and Polishing Training

The group of young Zimbabweans were sent as part of an agreement between China and the Zimbabwe School of Mines as part of a bid to add value to the country's rough stones. Under the terms of the deal, 150 Zimbabweans will be sent to China over the next three years in batches of 50 per year. Zimbabwe only has just one diamond polishing center, the privately-owned Zimbabwe Diamond Technology Centre.

Technology

Financial Technology: The Future of Financial Services is Now

Uphold CEO Anthony Watson sheds light on how Financial Technology is finally transforming the legacy financial services industry and why it’s here to stay.

While the Internet has brought tremendous efficiencies to nearly every sector in the economy, the financial services industry remains relatively unimproved. Businesses today, in particular those in the diamond industry, are painfully aware of the lack of transparency, the lack of convenience and online functionality, the lack of interoperability between geographies, and the high fees charged by banks.

Finance and TradeIn-depthTechnologyEconomy

HRD Antwerp Inaugurates Mumbai Office Extension, Melee Diamond Screening Service

HRD Antwerp, Europe’s leading diamond certification authority, has inaugurated its new Mumbai office extension and launched a new melee diamond screening service. At the center of this service is M-Screen, the world's fastest automated melee screening device that screens round brilliant diamonds from 1 point to 20 points for potential lab grown diamonds, potential HPHT colour enhanced diamonds and simulants. The M-Screen automatically feeds, screens and sorts out round brilliant diamonds at a speed of minimum two diamonds per second (7,200 diamonds per hour).

TechnologyLaboratories

UK Firm Launches 'First 3D Printed Jewelry Insurance Claim Service'

SBS Insurance Services has collaborated with Birmingham City University’s Jewellery Industry Innovation Centre, Cooksongold, and The Assay Office Birmingham to successfully replace a range of bespoke items through the use of 3D printing technology in what is claimed to be the world’s first 3D printed jewelry insurance claim service. Results from the first trials of show that SBS Insurance Services is able to replace items faster and cheaper, with savings of 30-50% compared with High Street prices, according to a report by Professional Jeweller.

Technology

De Beers Targeting Consistency, Accuracy, Confidence via Diamond Grading Tech

De Beers Group's International Institute of Diamond Grading and Research (IIDGR) launched its generic diamond grading program last February, entering "what arguably is the most contentious space in the diamond distribution chain where concerns have grown over grading consistency and standards, or lack thereof, in the past few years," writes Rapaport.

LaboratoriesGradingTechnology

Disruption & Diamonds

Bart De Hantsetters, Chairman of the Syndicate of the Belgian Diamond Industry, discusses the need to embrace the new forces ‘disrupting’ a traditional business like the diamond trade. The ship of innovation is setting sail with or without you, so it is better to get on board – as Antwerp has – and build the new on the foundations of the old.

Opinion pieceFinance and TradeMining and ExplorationTechnology

GIA Grades Largest Synthetic Blue Diamond, Unveiled at BaselWorld

The Russian company New Diamond Technology (NDT) yesterday presented an emerald-cut blue diamond, 5.03-carat, VS1 high-pressure, high-temperature (HPHT) type-IIb stone at BaselWorld. It is the largest synthetic blue diamond to date and was certified by the International Gemological Institute (IGI). NDT is one of the founding members of the new International Grown Diamond Association.

TechnologyLaboratoriesGradingPolished

HRD Antwerp, HKIDA Sign Diamond Screening Service Agreement

HRD Antwerp and the Hong Kong Indian Diamond Association (HKIDA) recently signed an agreement on an exclusive diamond-screening service using the M-Screen. The M-Screen is “the world’s fastest melee-screening device available today,” HRD Antwerp said. The new service will offer the screening of parcels – with a minimum total weight of 10 carats – of melee-sized diamonds from 1 to 20 points and colours D-J straight from HKIDA’s premises in Kowloon.

TechnologyGrading

WFDB President Responds to Nurit Rothmann on Lack of Transparency in Rough Diamond Trade

Nurit Rothmann's most recent blog, entitled “Playing the High Stakes Game with a Marked Deck of Cards,” which considers the lack of transparency in the rough diamond trade as well as measures designed to remedy the situation, has instigated a good amount of debate, much of it positive and constructive. Among the persons who reacted was Ernest Blom, President of the World Federation of Diamond Bourses, who requested that his response be published:

Rough MarketTechnologyManufacturingOpinion piece

FinTech Eyeing Antwerp Diamond Trade

Two financial technology players are trying to entice the 1,700 Antwerp diamond companies to leave traditional banks behind and partner with them for making international payments. Some 200 diamantaires – Indian and Jewish traders alike – recently sat down together in the Antwerp Diamond Club for a seminar to introduce Uphold and FX4BIZ, two ‘fintech’ companies that would like to conduct the diamantaires’ international payments.

Finance and TradeTechnology

3D Printing of Precious Metals Could Revolutionize Jewelry Design

"The industry has been working with 3D technology in fine jewelry for some time," writes Rachel Taylor for The Jewellery Editor, "yet breakthroughs in technology now mean that we can print a variety of 3D objects at home - including solid gold jewelry." Computer-aided design (CAD) allows jewelers to make sketches using computer programs rather than by hand, which can then be fed into 3D printing machines that build 3D models of the jewel.

JewelryTechnology

London Diamond Bourse Launches Online Stock List Platform

Professional Jeweller reports that the London Diamond Bourse (LDB) has launched its first online diamond stock platform, created to enhance membership benefits and improve the searchability of diamond dealers’ stock. The online platform, run from the LDB’s website, allows members to quickly and easily search for stones from fellow members.

PolishedTechnology

Fintech To Be Regulated?

The honeymoon between global regulators and the fast-growing world of financial technology may be ending. The Financial Stability Board (FSB), the international group of regulators, is considering rules to prevent newfangled technologies from destabilizing the financial system.

EconomyFinance and TradeTechnology

JCK’s Tips And Tricks For Insta(gram) Success

JCK devotes an extensive article on tips and tricks for jewelers to maximize the power of Instagram, “social media’s most jewelry friendly marketing tool”. More than any other social media platform, Instagram is focused on visuals, and thus a perfect match with jewelry items. But Martha C. White argues Instagram requires a very different approach compared to traditional ads and sums up the essentials on using instagram successfully, such as using pictures and background styling that help to tell a story  that goes beyond the jewelry item itself.

JewelryTechnologyLifestyle