Spacecode, a Swiss tech company, says it has developed breakthrough technology that “chemically profiles any diamond so it can identify the country – and even the specific mine – of origin,” according to IDEX Online.
Pavlo Protopapa, the company’s CEO, said: “Our research started 10 years ago, but over the past three years we have developed a specific technology that identifies the provenance of any diamond.” Protopapa added that Spacecode’s ability to analyze diamonds at a molecular level to determine where exactly it was mined – including country and specific mine – is unique, and a “major game changer all along the diamond supply chain.”
According to Protopapa, Spacecode plans to launch its first unity by the end of 2023, and by 2024, “we will offer on a large scale to the global diamond and jewelry industries, a small easy-to-use device that will define the country of origin of rough and polished diamonds.”
Spacecode, which “already tracks more than 25 million stones” through its diamond inventory management technology and has “over 300 clients”, has been in talks with the G7 and EU nations “about the possibility of using its technology to identify Russian diamonds,” according to Protopapa.
