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Influence of diamonds on the evolution of technology

After sharing with you an article about different uses for diamonds in a more general way, we are going to highlight the incredible relationship between diamonds and technology specifically and how they influence one another today.

This need of diamonds for technology of course has an influence on diamondprices as a whole also; as demand increases, the relationship between the two can influence the rough diamondprices.

As you may already know, the types of diamonds used for these purposes are not gem quality but rather industrial quality, in fact about 70% of the worldwide production is not gem quality.

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How are diamonds revolutionizing modern technology beyond their traditional decorative use?

Diamonds are proving to be invaluable in advancing various technological fields, extending far beyond their renowned role in jewelry. While approximately 70% of worldwide diamond production is industrial-grade rather than gem-quality, these diamonds are driving innovation across multiple sectors. General Electric has developed Silicon Carbide, a diamond-silicon hybrid material that enhances solar energy conversion through efficient inverters. In semiconductor technology, diamonds are replacing traditional silicon due to their superior thermal conductivity properties. The gem's unique electrochemical properties and durability make it ideal for water purification systems. Surprisingly, diamond particles are even being used in anti-counterfeiting technology by companies like Taneeh. This increasing industrial demand for diamonds, although primarily using non-gem quality stones, continues to influence overall diamond market prices and availability, showcasing diamonds' evolving role in shaping our technological future.

Unexpected uses of diamonds in technology 

  • Solar Energy

The company General Electric, has developed a very new material that is a combination of diamonds and silicon, called Silicon Carbide. It is used in chips to build highly efficient inverters which are used to switch the DC produced by solar cells into AC.

  • Semiconductors

We all know that diamonds have high thermal conductivity but low electrical conductivity which is the reason why diamonds have started being used in electronic circuits, replacing the traditional silicon.

  • Water Purification

Diamonds are known to being able to withstand extremely tough environments, they are biologically inert and posses electrochemical properties that actually allow the oxidation of compounds, thereby being the perfect material to create products that would be used for the treatment of waters.

  • Anti-counterfeiting technology

Believe it or not, there is a US based company called Taneeh that has specialised in the use of diamond particles in the development of anti-counterfeiting systems for authentication, construction and identification technologies.

 

There are quite a few more other uses of diamonds in technology specifically, we have highlighted here the 4 that we thought most unexpected.

 

When seeing these different types of uses, across different industries, one cannot avoid thinking that this demand for industrial diamonds cannot not affect the diamondprice on the market even though the quantities available are of course larger than that of gem quality diamonds. Diamondprices increases and decreases are of course always inevitable as the demand fluctuates and the availability on the market changes.

  • Fabienne Rauw

  • BAUNAT Antwerp
  • Fabienne, manager of the German market is able to guide every client with finding the right jewel. She takes care of most of the German orders, but also takes other task on her plate. Thanks to her six  years of experience at BAUNAT she acquainted well with the product and the marketing around it. Her degree in PR ensures that BAUNAT is well presented across all media channels. For anyone looking into a new investment opportunity, Fabienne is the perfect guide in this process. No question will be left unanswered, and she will help you every step of the way.

Fabienne, manager of the German market is able to guide every client with finding the right jewel. She takes care of most of the German orders, but also takes other task on her plate. Thanks to her six  years of experience at BAUNAT she acquainted well with the product and the marketing around it. Her degree in PR ensures that BAUNAT is well presented across all media channels. For anyone looking into a new investment opportunity, Fabienne is the perfect guide in this process. No question will be left unanswered, and she will help you every step of the way.