The difference between natural diamonds and lab-grown diamonds is the environment in which it is formed
Mr. Ishida was appointed the Diamonds & Antwerp Ambassador from AWDC in Belgium and is an expert with a high degree of knowledge of diamonds. Ishida wanted to import more diamonds into Japan and had thoughts to import relatively inexpensive American lab-grown diamonds. However, he recalls of one time when he came across a Japanese-made lab-grown diamond and was shocked by its high quality. Since then, he began seriously considering the possibility of exporting this high-quality Japanese lab-grown diamond to the rest of the world.
Mr. Ito is appointed Senior Managing Director, Pure Diamond Co., Ltd. Ito says he feels that there is a big possibility for inexpensive lab-grown diamonds to be as viable as natural diamonds as the former are of the same quality as the latter. Speaking of the diamond industry, in the past, those who wanted diamonds were unable to obtain them as they were simply too expensive. Since lab-grown diamonds are trading at half the price of natural diamonds, lab-grown diamonds have the potential to solve this issue. Ito holds seminars in a mission to distribute lab-grown diamonds and delivering diamonds to as many people as possible.
Mr. Kawasaki is a young engineer who was active as an ethical hacker and had even worked on the NEM cases. He says that this project provides him with less security. Unlike traditional diamonds, introducing blockchain technology increases the transparency of trading and minimises the risk of buying fakes. Information is recorded on the P2P network via encryption using blockchain technology. By functioning as a decentralised ledger, fair and unimpressible communication becomes possible. Unlike natural diamonds, it is possible to say that the risk of buying fakes is small, and as such, the risk of fraud is small too.
Mr. Yim is the marketing and technical advisor for the Pure Diamond Project board. A newcomer to the blockchain and cryptocurrency industry, Grant has amassed diverse experience from the Jewellery Industry and e-commerce related businesses. He is currently the CEO of the RS20 Group, a Hong Kong based marketing solution firm. Mr. Yim holds a bachelor’s degree in Law, graduating from the University of Exeter in Devon, United Kingdom in 2017. He brings practical legal and business professionalism to the Pure Diamond Project.