The Israel Diamond Exchange also launched the Carats.IO Diamond Currency during the event.
Almost all beauty products contain titanium dioxide, which comes from mined minerals.
Experts suggest the demand for gemstones sourced from Asia will continue to surge in 2018.
Healing crystals are not recognized in the medical community, but celebrities and Wall Street people are into them.
Some countries are implementing changes to improve local production of raw minerals and lessen dependence on imports.
Armenia is a key supplier of diamonds in the world.
The rare diamonds that were expected to rake in a large amount of money were either unsold or just fetched in way below expectations.
Top producers know that the gemstone market is big that's why an e-commerce expansion is seriously considered.