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Sarine, NGTC Partner on Grading Standards
Sep 19, 2019 4:21 AM
By Rapaport News
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RAPAPORT... Sarine Technologies is collaborating with China’s
National Gemstone Testing Center (NGTC) to advance diamond-grading
standards in China.
Sarine CEO David
Block and NGTC president ZhiBin Ye signed the agreement in Beijing Monday, with the intention of combining NGTC’s extensive gemological research and diamond-testing expertise
with Sarine’s artificial intelligence (AI) technology to improve accuracy and
consistency.
“[The partnership] will bring a new level of confidence to
the Chinese consumer,” Block said Tuesday. “We believe we can jointly create a
new level of discourse at the retail level to benefit the entire diamond
industry.”
The cooperation also seeks to set new standards for light-performance
grading, diamond traceability and fingerprinting, as well as provide new
digital solutions suitable for the Chinese retail diamond trade.
“Both NGTC and Sarine aim to improve efficiency and drive
innovation, providing more professional and more qualified technological
services and solutions, devoting our efforts to promote the stability and
development of the diamond industry, and protect consumer confidence,” explains
Ye. “We expect the cooperation to achieve this soon, bringing better service to
enterprises and consumers, for the benefit of the entire diamond industry.”
Image: David Block and ZhiBin Ye signing the agreement. (Sarine Technologies)
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Tags:
David Block, National Gemstone Testing Center, NGTC, Rapaport News, Sarine, Sarine Technologies, ZhiBin Ye
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