Two leading diamond industrial players agree to work with Blockchain Startup D1 Mint Limited to identify heroes.
Dying Mint Ltd, the maker of D1 currency of diamond-supported crypto assets, has signed its first purchase agreement by purchasing 1500 investment-grade diamonds worth $ 20 million from Global General KGK Diamonds. Raw diamonds are supplied by the world's largest diamond mining company, Allosas.
Alexis Chekhunak, member of Alaska Board of Directors, said that the innovation of the blockkain could transform the precious gem industry into natural hira into an investment property category. . "
Demand for retailers in diamond industry has decreased, diamond jewelry has been in the flat for approximately $ 80 billion since 2014, according to D Bees's research.
To determine the price using the D1 algorithm, crypto investors can use new technologies using their new technology at any time from their diamond reserve, such as shape, carpet, cut and transparency.
In addition to expanding the investment application, the diamond industry has achieved transparency across the chain of jewelery using the Blockkens. Earlier this month, global diamond group day bases successfully tried to track 100 diamonds from micro to retailers using blockquote technology. The company said that the blockbain can be used to achieve public confidence that the so-called "conference heroes" is not free in their supply chain - the heroes of the battlefield are traded purely on the battlefield.
Also in this spring, IBM is a partner with the development of a similar blockbuster network of joint metal innovation with gold and diamond industry leaders.@ausharya