Sarine Diamond Journey(TM) Traceability and AI-Driven Grading Adopted by High Jewellery Maison Boucheron
PR94217
HOD HASHARON, Israel, Jan. 25, 2022 /PRNewswire=KYODO JBN/ --
Singapore Exchange Mainboard and Tel Aviv Exchange listed Sarine Technologies
Ltd. (U77:SI; SARN.TA), is pleased to announce that French High Jewellery
Maison Boucheron, owned by Kering Group (KER.PA), is launching a new
fully-traceable bridal jewelry line, Etoile de Paris, for which it has
partnered with Sarine to provide Boucheron-branded diamond reports "powered by
Sarine".
The co-branded reports include comprehensive information tracking the diamond
from its natural rough form through the transformation into the final jewel,
documenting its mining and processing by Boucheron's meticulously selected
supply chain eco-system, with visual presentations of the diamond throughout
the process and in its final polished form, along with detailed 4C's grading
using Sarine's industry-leading AI technology. The report is available only in
digital format, reflecting Boucheron's ongoing commitment to a sustainable
jewellery industry and is studiously designed with Boucheron's digital and
visual language, enhancing the connection between the physical diamond and its
digital representation. A sample report may be viewed at
https://api.sarine.com/viewer/v2/0H8235TRVID.
Boucheron, in accordance with the Kering's Group overall strategy, is at the
forefront of the industry with its proactive uncompromising approach towards
sustainability and therefore sought to adopt the most comprehensive and
advanced diamond traceability solution available. It selected Sarine Diamond
Journey™ because it is the only scalable solution based on process-generated
actual verifiable data, which tracks the diamond throughout its entire journey,
not only through fragmented portions of it. The application of AI, enabled by
Sarine's new technologies which grade a diamond's 4Cs, ensures the highest
level of accuracy of the documented information, by eliminating human
subjectivity and error.
The Boucheron Diamond Certificate in an appealing and secure digital format,
creates a fully digital representation of the diamond. This representation is
customized to present the data in Boucheron's brand language, ensuring the
diamond is not just another commodity, but rather a unique offering from
Boucheron. The ability to have a co-branded diamond report, showcasing the
Maison's name on it, is a significant evolution enabling them to bolster its
exclusivity in the crowded retail market.
Hélène Poulit-Duquesne, CEO of Boucheron, stated, "Our vision is to lead the
jewellery market in its effort to a more sustainable world. This can be
achieved only through reliable, secure data and transparency, to which we are
committed. Our eco-system of partners enables us to provide our customers with
products that are not only of the highest quality and design, but which also
conform to the ethics we believe in. We are glad to have Sarine join our
eco-system; share the same values of innovation, honesty, and ever-seeking
improvement. Finally, providing our customers with a digital representation of
the diamond containing all the information about its parameters and history, in
our brand language, is an important step for us and will be essential in a
world where both physical and digital exist."
David Block, CEO of Sarine Technologies, commented, "We are honored and excited
to have Boucheron as the first luxury brand that has chosen to partner with
Sarine in diamond grading and traceability. We believe that sustainability is
of the utmost importance and are pleased we can contribute to ensuring that our
industry can demonstrate it is upholding much needed standards. We are
confident this will further increase the value of natural diamonds. The brands'
needs in this area are quickly evolving in these times of uncertainties; I am
happy Sarine has the capabilities to support their many developing needs. We
are looking forward to an exciting year, as our technologies achieve growing
market recognition".
Source: Sarine Technologies Ltd.
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