Technology will continue to play a critical role in the future of the international jewellery and gem trade, with high-tech innovations such as blockchain and other traceability initiatives leading the way.

Sarine Technologies Ltd and Delgatto Diamond Finance Fund (DDFF) recently unveiled a way to evaluate rough diamonds using a mapping technology so they can be used as collateral.

A milestone in rough diamond trading, the new Del Gatto 360 – Powered by Sarine service will employ Sarine’s technological solutions to map, identify and evaluate rough diamonds so Delgatto – a non-bank diamond financing entity that offers flexible, collateral-based structures to the global diamond value chain – can assess if the rough diamond is eligible for financing and can be used as collateral. 

The collaboration allows Delgatto to significantly raise the amount of capital it provides to the rough diamond sector as well as expand the types of structures it offers. 

According to Sarine, this is the first complete solution for industry players to easily access financing for rough diamond sourcing.

Blockchain technology meanwhile is gaining further traction in the finished jewellery sector. Singapore jeweller Gems Origin, in partnership with Accredify, a major verification solutions provider, is adopting blockchain technology to authenticate fine jewellery pieces. 

This development serves as an industry benchmark that signals the continued modernisation of the jewellery trade using advanced technology.

The partnership stipulates that each gem sold and crafted into a fine jewellery by Gems Origin will come with a certificate of authenticity to be placed on the blockchain to ensure integrity and security. This immutable ledger will guarantee that data is unchanged, helping customers preserve and trace the value of their jewellery as it is passed on to future generations.