JTA NEWS
19 December 2018 - 11 Tevet 5779 - י"א טבת ה' אלפים תשע"ט
JTA NEWS :
IDE officially launches new Innovation Center, Diamond Tech E-mail

During the 7th International Diamond Week (IDWI), held from 5 to 7 February, the Israel Diamond Exchange (IDE) officially launched its new Innovation Center, Diamond Tech. The technological incubator, located within the IDE complex, will host and support diamond-related startups in a variety of fields.

Through this initiative, IDE will promote new technologies that will bring added value to the diamond industry, as well as to other sectors. CARATS.IO, the diamond-based crypto-currency, is the first company to move into the incubator. Among the startups being considered are projects dealing with robotics, lasers and other advanced technologies for diamond manufacturing, virtual reality for innovative marketing platforms and more.

At the dedication ceremony, IDE President Yoram Dvash said: “This is something one can only dream about and we have been able to make it a reality. We are marrying the expertise and experience of the Israeli Diamond Industry with the originality and creativity of the Start-Up Nation. I believe that if the diamond industry wants to take off, this is the runway.”

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