Diamond Exchange Ltd Launches Unique Fraud-Proof System for Diamond Certificates
Diamond Exchange Ltd the Australian online diamond retailer has launched a fraud-proof system for diamond certification.
Melbourne, Victoria (PRWEB) June 13, 2009 -- Diamond Exchange Ltd, the Australian online retailer of diamonds, has launched a fraud-proof system for diamond certification. The system makes it virtually impossible to fraudulently alter diamond certificates.
The acquisition of this technology arose out of the importance for Diamond Exchange Ltd to protect its brand names, reputation and image against any "copy cats" or "confusion" in the market.
Not only can the system protect Diamond certificates but also other forms of branding media used by jewellers and diamond dealers.
Diamond Exchange Ltd considers the system so innovative that it would see it being shared with the diamond industry globally. This would ensure the protection of all professionally-issued diamond certificates and diamond jewellery from being able to be tampered with or counterfeit.
Diamond Certificates are the cornerstone of the integrity of the Diamond Industry in providing consumers absolute confidence in the product (diamond) and these certificates are the public's protection for their diamonds and its value forever.
The Diamond Certificate fraud-proof system has been extensively tested within Diamond Exchange Ltd and independently by the well-known and much-respected Bauer Gemmological Laboratories.
This technology will reset the global benchmarks for diamond certificates throughout the professional diamond industry.
Global counterfeiting of goods and documents is an epidemic costing over US$650 billion per annum (ref: IACC) and no product or industry is spared.
The technology is a next generation product in the form of a covert 2D barcode, which allows up to 4,000 characters of information to be stored in every invisible barcode. The original document image is provided directly to the authentication location for final authentication. The 2D barcode can only be read with high-tech proprietary readers which are securely networked (web) through a Department of Defence grade database to provide a true global tracking system to protect the integrity of diamond certificates wherever they are scanned.
Each invisible barcode is essentially a fingerprint and DNA like profile that cannot be altered or tampered with, due to the trillions of possible codes through the 11 levels of security provided.
The technology is based on unique nano-spheres packed with microscopic codes and decoy molecules that are virtually impossible to reverse engineer.
The Diamond Exchange is making this technology available for use through authorised technological institutes throughout the Diamond and Jewellery Industry.
About The Diamond Exchange Ltd
The Diamond Exchange is on online retailer of engagement rings, diamonds and diamond rings with offices in Melbourne and Sydney.
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