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CIBJO President expressed support for De Beers plan to develop diamond traceability system

CIBJO President Gaetano Cavalieri has voiced the World Jewellery Confederation's support for a De Beers development project that employs blockchain technology, which was announced on December 4 by the group's CEO, Bruce Cleaver.

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IDE to unveil technology breakthrough initiatives at IDWI 2018

The Israel Diamond Exchange (IDE) has announced that it will unveil a series of groundbreaking initiatives that will have an important impact on the diamond industry in Israel and worldwide at the International Diamond Week in Israel (IDWI)...

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Chinese lab spots stone with CVD coating

A Chinese gemological laboratory has identified a well-concealed synthetic-diamond coating that bolstered the size of a small natural stone.While the lower part of the stone was a colorless, natural diamond, the upper section, including the crown and...

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Fancy yellow diamonds beat estimate price at Bonhams auction

Two separate lots of fancy vivid yellow diamonds that belonged to the Cullinan family were sold at a Bonhams auction for well above their expected price.

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De Beers’ Auction Sales ready to transition fixed forwards programme

De Beers said its Auction Sales business will transition fixed-price forward contracts to core business status, after the success of the pilot programme that was launched last January.

08 december 2017

Technology in Diamonds – Retail

16 june 2017
(ehudlaniado.com) - The growing influence of the millennial generation on diamond jewelry sales has forced retailers to find new strategies and technologies to adapt to the changing way people are shopping. For the most part, retail diamond jewelry sales are still largely conducted face-to-face, with a relationship established between a salesperson and a customer. However, this is changing quickly, and change has necessitated some new tools for both buyer and seller to influence the interaction. In my final series of articles exploring how technology has come to influence our changing industry, let’s take a look at some of the breakthroughs being used in diamond jewelry retailing.

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