{"id":7030,"date":"2017-12-02T07:11:47","date_gmt":"2017-12-02T04:11:47","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=7030"},"modified":"2026-03-27T16:54:59","modified_gmt":"2026-03-27T13:54:59","slug":"in-a-move-to-accelerate-transparency-and-development-in-the-diamond-industry-cedex-and-idex-online-join-forces","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/in-a-move-to-accelerate-transparency-and-development-in-the-diamond-industry-cedex-and-idex-online-join-forces\/","title":{"rendered":"In a Move to Accelerate Transparency and Development in the Diamond Industry, CEDEX and IDEX Online Join Forces"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Under the agreement,&nbsp;CEDEX&nbsp;will leverage on&nbsp;IDEX&nbsp;diamond knowledge and real-time diamond prices to present it to its future exchange customers, while IDEX will use CEDEX technology to better accommodate investments in the diamond professional market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>This press release features multimedia. View the full release here:&nbsp;http:\/\/www.businesswire.com\/news\/home\/20171127005483\/en\/With over two decades of undisputable reputation as a prominent and unbiased market leader in the diamond industry,&nbsp;IDEX&nbsp;moves to strongly reinforce&nbsp;CEDEX&nbsp;technological innovations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe believe that the diamond industry stands to gain by connecting with CEDEX B2C offerings, vision, and trading models. The integration into the financial world and the transformation of diamonds into a new financial asset class have been a key driving force behind IDEX\u2019s activity since the company\u2019s establishment. Joining forces with CEDEX enables us to better serve our diamond suppliers and traders\u201d says&nbsp;Ehud Cohen,&nbsp;Founder and Chairman of IDEX Online.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThere is no doubt that harnessing IDEX\u2019s diamond suppliers\u2019 data and inventory is a pivotal step forward towards connectivity between the diamond industry and the financial market\u201d says&nbsp;Ronen Priewer, founder of CEDEX. \u201cBy providing analysis driven from the largest available database of B2B diamond transaction records, IDEX enables our proprietary technology, the DEX, to achieve accurate and scientific results making it a unique diamond value benchmark for any financial need.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CEDEX which fosters usage of Cryptocurrency CEDEX coin to enable trading in diamonds is targeting to enlarge the offering through collaboration with IDEX online.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Both companies complement themselves, as IDEX is a B2B reality, while CEDEX is B2C. This creates new opportunities for both companies, enabling mutual methodological advice and benefits deriving from the markets that the companies cover. This move sets both companies to enlarge into the emerging new economy system.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Under the agreement,&nbsp;CEDEX&nbsp;will leverage on&nbsp;IDEX&nbsp;diamond knowledge and real-time diamond prices to present it to its future exchange customers, while IDEX will use CEDEX technology to better accommodate investments in the diamond professional market. This press release features multimedia. View the full release here:&nbsp;http:\/\/www.businesswire.com\/news\/home\/20171127005483\/en\/With over two decades of undisputable reputation as a prominent and unbiased market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7029,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"1","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":19,"_extra_hide_author_box":"1","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-7030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with 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