(idexonline.com) - The diamond industry has faced three major disruptive factors in the past three years: lab grown diamonds, the global pandemic, and the Russia-Ukraine war. Spacecode, a Swiss company focused on automated diamond inventory management systems, has developed a unique diamond identification and authentication technology. Last week it announced a technology breakthrough in its research, enabling the identification of a country-of-origin for both rough and polished diamonds. If Spacecode's technology determining the origin of diamonds is proven to be commercially viable, the industry could face an additional, and probably one of the most significant transformations in its history. Spacecode's breakthrough announcement this week has however raised doubts among some industry experts who have long been pursuing such technology but to no avail. The enthusiasm and confidence of its Chairman and CEO, Pavlo Protopapa made me believe that he and his scientific team can actually deliver where so many others have so far failed.
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