Sarine Technologies Ltd. is expanding its comprehensive diamond traceability solution to diamonds sourced from Alrosa, the world’s largest miner of rough diamonds by carats.
The offered solution provides global retailers, including high-end luxury brands, end-to-end traceability from the mine to the consumer, in order to verify and document the sustainable supply chain throughout the process from rough to polish. It enables tracking diamonds originating from Alrosa, even if the diamonds are traded and polished by multiple midstream entities. At the end of the tracking process, a Sarine Diamond Journey report is issued.
The tracking commences with a scan of the rough diamond at its source on Sarine’s platforms, thus creating a rough diamond ‘birth certificate’. Subsequently, Sarine’s various industry-standard systems used throughout the midstream collect actual verifiable real-time data pertaining to the scanning, planning and polishing phases, culminating with imagery and data pertaining to the final polished stone.
The solution leverages Sarine’s extensive installed base of technological solutions integrated into the polishing midstream, which already process nearly a hundred million stones annually. According to Sarine, this solution differs from all other solutions currently proposed, in that it is easily implementable and scalable, with minimal disruption to the normal workflow, cost or incurred overhead.
The Sarine Diamond Journey report can also include information regarding the chain of ownership and can optionally integrate with Sarine’s TruMatch polished diamond fingerprinting technology and/or generate a 3D-printed model of the original rough diamond, already being adopted by leading retailers in Japan and the Asia Pacific market.
David Block, CEO of Sarine Technologies, said: “We are delighted to expand our cooperation in this initiative to an additional leading diamond producer and are excited about the potential of this venture. We are confident that the synergy created by the cooperation between diamond producers and Sarine’s scalable technology and infrastructure will expedite the adoption of traceable and sustainably sourced diamonds, to the many interested retailers seeking a solution for their own internal control needs as well as for ever-more demanding consumers.”
Photo courtesy: Sarine Technologies Ltd.