Israel's International Diamond Week to Feature Technology Theme

(IDEX Online) – The 7th International Diamond Week in Israel (IDWI), to be held from February 5 to 7, will showcase the role of new technology in upgrading the diamond industry, today and in the future.

The Israel Diamond Exchange (IDE) promises to unveil a series of groundbreaking initiatives that will have an important impact on the diamond industry in Israel and worldwide, the bourse said.

Earlier this year IDE declared its direction for the future: to harness technology for the advancement of the diamond industry. IDE signaled the new direction with the launch of the B2B e-commerce platform GET DIAMONDS, the new internet marketing center for bourse members and the first Diamond Innovation Center for technological start-ups in the diamond industry. Most recently IDE revealed the upcoming launch of a digital currency backed by diamonds.

IDE President Yoram Dvash said, “Technology is revolutionizing the way we live and the way we do business. At the next International Diamond Week we’ll reveal how IDE is using these technologies to transform the diamond industry.”

Many hundreds of buyers from around the world are expected to participate in IDWI 2018, with registration proceeding briskly since it was opened this week. The event has become a fixture on the diamond world's calendar because of the amount and variety of goods offered and the minimal costs. Hundreds of Israeli and international companies will be exhibiting both polished and rough goods. Moreover, participants will receive three complimentary nights at a local hotel.

IDWI 2018 Chairman Ezra Boaron said, “The seventh edition of IDWI will be even more exciting than before. The show will offer great business opportunities and fun as well. Register now to ensure your place.”