Trends that to shape diamond industry!
In a short run diamond industry to affect by 3 trends! The Global Diamond Industry 2018, A resilient industry shines through, report said about Diamond jewelry retail, Key industry trends. Three trends have the highest potential to affect the diamond industry in the near term, 1: advancements in digital technologies, 2: the development of lab-grown diamonds and 3: generational shifts in consumer preferences. Among other benefits, digital technologies are aiding transparency and efficiency efforts across all segments of the value chain. For example, in 2017 and early 2018, blockchain projects were launched to help consumers confidently identify the origin of their diamonds. Mining companies are using predictive maintenance, real-time controls and artificial intelligence to mitigate rising operating costs. Cutting and polishing players are pursuing advanced solutions in digital mapping, modeling and manufacturing to shorten production cycles and ultimately move towa