In an era defined by shifting consumer values, the new G7 regulations, and heightened ethical considerations, the diamond industry is undergoing a profound transformation. No longer satisfied with mere opulence, today's consumers seek the narrative behind their diamonds. Technology, notably Sarine's groundbreaking solutions, has emerged as the storyteller, unveiling the intricate journey of diamonds from their origins to the exquisitely polished masterpieces that captivate us: where it was mined, the rough diamond it came from, who polished it, where, how it was polished and more.
In addition to telling the diamond’s story, traceability also connects the diamond to the larger story of sustainability, which is critical in today’s marketplace. Knowing what impact the diamond’s production has on the environment, the local communities who played a part in the mining process, and the ability to assure the customer with absolute certainty that the diamond is ethically sourced – all these connect the diamond as a product to the bigger picture of our world.
The registration of rough diamond parcels requires an efficient solution capable of registering large volumes of diamonds in minimal time. Such registration allows entities and countries to register their diamonds into a traceability paradigm that supports verifiable traceability, eliminating the need to transport stones to specific designated facilities in limited localities. This is a critical overhead-eliminating feature, key to the ongoing debate on this topic on the backdrop of expected G7 restrictions on Russian-sourced diamonds.
Sarine AutoScan Plus™ system is an automatic high throughput system designed for the registration of diamond parcels and the creation of a 'digital twin,' allowing the tracking of the diamond's next steps all the way to the store. The system precisely measures and models the 3D external shape of a diamond, while also providing a highly accurate weight measurement. It creates a unique fingerprint for each rough diamond, ensuring unparalleled accuracy and reliability. This fingerprint enables Sarine to keep track of the diamond through its next steps.
The diamond data can seamlessly integrate into any third-party platform, including Blockchain, and Sarine's Traceability program. This program provides a distinctive opportunity to showcase the complete journey and transformation of the diamond through precise 3D imaging featured in an innovative diamond report.
Registering the diamonds using the newly launched Sarine AutoScan Plus™ system at the rough diamonds’ source, or close to it, is crucial for three primary reasons:
Once the initial rough stones’ registration is completed and the diamonds are sold, the manufacturers follow through with subsequent automated registrations generated by their existing planning and quality control systems already in their factories. Registrations occur at the rough (for verification of the link to the stone’s origin), semi-rough, and polished stages, ensuring consistent, reliable, and verifiable rough-to-polish matching and tracing with the highest degree of confidence.
Sarine has initiated delivery of the new Sarine AutoScan Plus™, its refined, highly productive registration system, offering significant advantages over the older model. The new system is more affordable, compact enough to fit on any tabletop, easy to use in any office environment, offers lightning-fast productivity, and requires no specialized operational expertise. Its versatility enables installation anywhere, allowing immediate operational production. We are proud that the highly esteemed Stargems Group, a vertically integrated business, with a legacy of over 40 years in the trading of rough diamonds, has taken delivery of the first system.
Mr. Shailesh Javeri, chairman of Stargems Group, stated: “We are dedicated to providing our suppliers, customers, and the entire industry an enhanced solution that meets their evolving needs. The pressing necessity, as dictated by G7 policies and ESG developments, is to provide a rough diamond supply registered in a highly reliable traceability program. We are delighted to employ the new Sarine AutoScan Plus™ system and Journey traceability paradigm, which together offer unprecedented efficiency and accuracy. Stargems is committed to securing the future and the brand value of natural diamonds.”
Sarine’s CEO, David Block, emphasized: “We continue to enhance our traceability solution to enable low-cost data-based verifiable traceability for the broadest range of diamonds possible with minimal overhead, as we firmly believe it is vital for the future of natural diamonds. The AutoScan Plus™ is a game changer, enabling all rough miners and suppliers to register their rough diamonds at the source with very little overhead or change to their existing processes. This demonstrates once again our commitment to bringing advanced technological solutions to meet the evolving needs of our industry.”
In the ever-evolving landscape of the diamond industry, transparency and traceability have become paramount. Sarine Technologies, in collaboration with esteemed partners, has recently unveiled more groundbreaking innovations that promise to reshape how we track, register, and verify the journey of diamonds, ensuring responsible sourcing and enhancing consumer confidence.
As the leader in diamond traceability and automated AI grading, Sarine has recently elevated the standards with the world's first scientific traceability solution for melee diamonds, verifiably tracing them from their origins as rough stones throughout the polishing process to the final beautiful diamond jewelry. In collaboration with French luxury jeweler Rubel & Ménasché, Sarine has extended its already proven traceability capabilities from larger diamonds to smaller melee stones, providing consumers with confidence that their diamond, whether grand or petite, was ethically sourced and produced.
The process involves measuring diamonds from the rough stage to polishing, utilizing Sarine's high-productivity Autoscan Plus™ system. Successfully piloted, this approach streamlines melee traceability cost-effectively, ensuring responsible sourcing and building consumer trust.
Sarine Technologies collaborates with Tracr, creating a seamless, scalable and cost-effective solution for tracking diamonds. Leveraging Tracr's blockchain platform and Sarine's Diamond Journey™ traceability solution, this digital ecosystem facilitates source verification and traceability upon a diamond's entry into G7 countries. The collaboration, emphasizing complementary capabilities, aims to set a new standard for diamond traceability, echoing the industry's growing priority for provenance assurance.
In a powerful alliance, De Beers and Sarine Technologies are forging a system allowing G7 countries to see the full provenance of diamonds passing through customs. The Tracr-Sarine program integrates De Beers’ ability to register rough diamonds with Sarine’s objective verification of a diamond's journey. This data, uploaded onto the Tracr platform, hosts a dedicated customs portal for G7 and participating nations, aligning with the recent G7 import ban on Russian diamonds.
“Diamond provenance assurance is a rapidly growing priority that will affect all parts of the industry, especially with G7 nations set to implement new import restrictions,” said Tracr CEO Wes Tucker. “The collaboration between Tracr and Sarine will bring together the best of both our propositions to deliver a highly effective, scalable, and cost-effective digital diamond traceability solution.”
These innovative strides represent a transformative shift toward a more transparent and responsible diamond industry. Sarine's commitment to collaboration and technological advancements underscores its dedication to meeting the industry's evolving needs while ensuring a sustainable and ethical future for natural diamonds. The synergy between human creativity and technological innovation has created a harmonious symphony in the world of diamonds.