Traditionally, rough diamonds are sorted by size, shape, and other basic features and grouped into batches or assortments. Mining companies would sell these batches through auctions or “sights” to wholesalers and manufacturers.
This method is antiquated, inflexible, and inefficient. Buyers are left with unneeded diamonds to re-trade into secondary markets. These diamonds can change hands as many as ten times, causing value loss across the entire value chain.
Clara is a secure, web-based, digital sales platform. It uses proprietary analytics, combined with cloud and blockchain technologies to completely modernize the diamond supply chain.