Blogs: Supplier News

Supplier News: Week of Sept. 27

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DCA Introduces Updated Learning Management System

Diamond Council of America (DCA) has announced the introduction of a new Learning Management System (LMS), along with a revamped diamond course and website.

“DCA has spent the last year prioritizing the enhancement of our digital spaces. Online education has never been more important, and DCA is thrilled to be able to launch a revamped diamond course in addition to providing a better user experience through the new website and Learning Management System,” said president and CEO Terry Chandler in a statement. “With these new systems in place, we can serve a larger population of the jewelry industry and provide the education solutions that retailers need to be successful in today’s environment.”

The new LMS, with its overhauled and interactive diamond course that may be taken at a user’s own pace, features updated and expanded course content and a streamlined learning platform. The e-learning course is designed to help students apply newly learned information to everyday sales and store operations.

The courses, which cost $150 each for members and $200 each for nonmembers, can be accessed through DCA’s updated website, dcalearning.org.

IDEX Partners With One Creation Corp.

International Diamond Exchange Online (IDEX) has announced a strategic partnership with One Creation Corp., a specialist in data monetization, to develop an online market data portal for its participants in the diamond industry, thereby making IDEX Online’s database of diamond prices available for the first time.

IDEX has been tracking the actual prices of certified polished diamonds sold in the global wholesale market over the last 20 years, and holds tens of millions of data points in its archive.

The information will be accessible via a portal to banks, financial institutions, investors, retailers, diamond traders, and anyone who needs a clear and accurate picture of the market’s behavior.

“Never before has such a vast and authoritative collection of data on diamond prices been made available. We are delighted to be able to offer it on a commercial basis and bring complete transparency to the global diamond market,” said IDEX CEO Ehud D. Cohen in a statement. “In the new data economy, IDEX Online is now able to support emerging diamond indices trends and real-time prices to be used in exciting new financial instruments such as Diamond NFTs and Diamond ETFs. The unique combination of the physical diamond digitized data in addition to the uniqueness commodity itself provides a perfect platform for tokenized services.”

For more information, visit idexonline.com.

Top: The DCA Diamond Course (image via Diamond Council of America)

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By: Brittany Siminitz

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