Revolutionizing Diamond Traceability: Sarine AutoScan™ Plus Transforms Rough Diamond Registration
Hod Hasharon (Israel), 31 October 2023 – Sarine Technologies Ltd, a global leader in precision technology products for the diamond and gem industry, is proud to announce a significant milestone in enhancing diamond supply chain transparency. Listed on both the Singapore Exchange Mainboard (SGX: U77:SI) and the Tel-Aviv Stock Exchange (TASE: SARN.TA), Sarine is experiencing escalating demand from rough diamond miners and wholesalers for its innovative traceability solutions. This growing industry need is underscored by the initial delivery of the highly efficient and productive rough diamond parcel registration system, Sarine AutoScan™ Plus, which serves as the essential gateway to the comprehensive Sarine Diamond Journey™ traceability program. This development marks a pivotal step towards a more transparent, accountable, and ethically sound future for the natural diamond industry.
The imperative for robust traceability in the diamond industry has never been stronger. With evolving regulatory landscapes, heightened consumer awareness, and the anticipated G7 restrictions on Russian-sourced diamonds, verifiable origin data is no longer a luxury but a fundamental necessity. The efficient registration of rough diamond parcels demands a sophisticated solution capable of processing vast volumes of diamonds swiftly and accurately. The Sarine AutoScan™ Plus directly addresses this critical need, enabling entities and nations to seamlessly integrate their diamond supply into a verifiable traceability paradigm. Crucially, this system eliminates the logistical and financial burden of transporting stones to limited, designated facilities, thereby streamlining the entire process from source to market.
Registering rough diamonds using the newly launched Sarine AutoScan™ Plus system at their point of origin, or in close proximity, offers multifaceted advantages that are indispensable for the modern diamond supply chain. This approach is paramount for three primary reasons, each contributing significantly to the industry’s integrity and efficiency:
- Enabling Equitable Access and Opportunity: The system ensures “equal opportunity” registration of rough supply for all industry players, regardless of their geographical location. This democratizes access to robust traceability, preventing bottlenecks and fostering inclusivity across the global diamond pipeline. It means that even remote mining operations can participate fully in a verifiable supply chain, ensuring their diamonds meet global standards.
- Optimizing Cost-Effectiveness and Minimizing Overhead: By facilitating registration at the source, Sarine AutoScan™ Plus delivers a highly cost-effective solution with minimal overhead. It dramatically reduces and often eliminates the significant shipping time and associated costs that would otherwise be incurred by transporting rough parcels to distant registration centers. This translates into tangible financial savings and improved operational efficiency for miners and wholesalers alike.
- Empowering Robust Verifiable Tracing: Most importantly, this on-source registration empowers truly robust and verifiable diamond tracing through Sarine’s industry-leading, data-based Sarine Diamond Journey™ solution. This integrated approach ensures that every diamond’s journey can be accurately tracked and validated, from its initial rough state through to its final polished form, building unparalleled confidence in its origin and authenticity.
The journey of a diamond’s traceability doesn’t end with initial rough registration. Once the primary registration of rough stones is meticulously completed and the diamonds are subsequently sold, manufacturers seamlessly continue the traceability chain. This is achieved through automated registrations generated by their existing planning and quality control systems, which are already integrated into their factory operations. Registrations are meticulously recorded at the rough stage (crucial for verifying the link to the stone’s origin), the semi-rough stage, and ultimately, the polished stage. This comprehensive, multi-stage registration process ensures consistent, reliable, and verifiable rough-to-polish matching and tracing with the absolute highest degree of confidence. This continuous data capture throughout the manufacturing process creates an unassailable digital fingerprint for each diamond.
Sarine’s commitment to innovation is evident in the new Sarine AutoScan™ Plus, which represents a refined and highly productive registration system offering substantial advantages over its predecessors. This next-generation system is not only considerably more affordable, making advanced traceability accessible to a broader range of businesses, but it is also remarkably compact, designed to fit effortlessly on any tabletop. Its lightning-fast productivity significantly boosts operational throughput, while its intuitive design ensures that no specialized operational expertise is required for its use. This versatility allows for immediate installation and operational production anywhere, transforming the accessibility of advanced diamond registration. Sarine is particularly proud that the highly esteemed Stargems Group, a vertically integrated business with a formidable legacy of over 40 years in rough diamond trading, has taken delivery of the very first system. This partnership underscores the industry’s recognition of Sarine’s technological leadership and the urgent need for its solutions.
Mr. Shailesh Javeri, Chairman of Stargems Group, shared his enthusiasm for this groundbreaking technology: “We are steadfast in our dedication to providing our suppliers, customers, and the entire industry with an enhanced solution that genuinely meets their evolving needs. The pressing necessity, as dictated by stringent G7 policies and the broader ESG (Environmental, Social, and Governance) developments, is to provide a rough diamond supply that is registered within a highly reliable and unimpeachable traceability program. We are absolutely delighted to employ the new Sarine AutoScan™ Plus system and integrate it with the proven Sarine Diamond Journey™ traceability paradigm. Together, these solutions offer an unprecedented level of efficiency and accuracy that will redefine industry standards. Stargems remains profoundly committed to securing the future and upholding the brand value of natural diamonds for generations to come.”
David Block, CEO of Sarine, further emphasized the strategic importance of this innovation: “Sarine continuously strives to enhance our traceability solutions, making low-cost, data-based verifiable traceability accessible for the broadest possible range of diamonds with minimal operational overhead. We firmly believe that this is not just an improvement but an absolute vital necessity for the enduring future of natural diamonds. The AutoScan™ Plus is truly a game changer; it empowers all rough miners and suppliers to register their rough diamonds directly at the source with very little overhead and minimal, if any, disruption to their existing processes. This latest advancement demonstrates once again our unwavering commitment to bringing advanced technological solutions to meet the dynamic and evolving needs of our industry, ensuring transparency and trust at every stage of the diamond lifecycle.”
About Sarine Technologies: Pioneering Diamond Industry Innovations
Established in 1988, Sarine Technologies Ltd. has cemented its position as a worldwide leader in the development, manufacturing, and marketing of advanced precision technology products tailored for the diamond and gemstone industry. Sarine’s comprehensive suite of products and services spans the entire diamond pipeline, from rough stone analysis to polished diamond grading and retail visualization. Key innovations include the acclaimed Galaxy® family of inclusion and tension mapping systems, which provide unparalleled internal diamond mapping; sophisticated rough diamond planning and optimization technologies that maximize yield and value; advanced laser cutting and shaping tools; and precise laser-marking, inscription, and fingerprinting equipment. Furthermore, Sarine is at the forefront of artificial intelligence (AI) integration, offering automated AI-derived Clarity, Color, Cut, and light performance grading systems, as well as cutting-edge traceability, visualization, and retailing services.
Sarine systems have become the undisputed standard tools in every modern diamond manufacturing plant, properly equipped gemology lab, and esteemed diamond appraisal business across the globe. They serve as essential aids for diamond polishers, dealers, and retailers, providing them with the accuracy, efficiency, and confidence needed to operate in a demanding market. By consistently pushing the boundaries of technological innovation, Sarine ensures that the natural diamond industry remains robust, transparent, and trusted by consumers worldwide. The introduction of Sarine AutoScan™ Plus and its integration with the Sarine Diamond Journey™ program further solidifies Sarine’s commitment to delivering holistic, verifiable solutions that address the most pressing challenges of diamond origin assurance and supply chain integrity.