Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

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Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

VDB Is First to Launch JBT’s Inaugural API

28 june 2022
Virtual Diamond Boutique, the industry’s leading technology partner and largest virtual marketplace, announced a unique new partnership with the Jewelers Board of Trade® (JBT), the industry’s premiere resource for jewelry business and credit data. VDB is the first to launch JBT’s Application Program Interface (API), making credit information instantly available on the digital marketplace for both buyers and sellers. The new API integration into the VDB app gives JBT members access to credit information on the go, in the palm of their hand, 24/7. This credit data integration creates a more trustworthy and transparent digital environment for VDB buyers and sellers to enable more business with greater confidence, credibility, and efficiency. 
“Having the highly respected JBT credit ratings available on the VDB app will add a layer of security and credibility to our digital marketplace,” says Tanya Nisguretsky, CEO of VDB. “Our industry-specific technological experts have created a unique usage for the new JBT API that aligns perfectly with the need for more transparency in our increasingly digital world. It also streamlines the process, making it easy and efficient for vendors to accept buy/memo/hold requests, even when out of the office.”
Sellers and buyers will now be able to run credit reports and/or obtain credit ratings on potential buyers/suppliers quickly and easily within the VDB app. JBT members who are signed into their VDB account will also be able to log into the JBT member portal to access credit information without leaving the app. This eliminates the extra steps of logging into JBT elsewhere. In addition, all JBT members will be identified with the JBT logo in various places on the VDB app, adding a layer of confidence and credibility.
Non-JBT members will be encouraged to register for a JBT account from within the VDB app.
“As the fine jewelry industry adapts to modern ways of doing business, JBT has responded with new products like the API to better serve our members’ changing needs and to integrate with their internal systems,” says Erich Jacobs, CEO of JBT. “VDB and JBT worked hand in hand to build this system, and VDB became the first JBT Member to take advantage of our new API – effectively allowing the VDB platform to integrate with JBT’s existing databases seamlessly.”