Diamond industry giant De Beers is launching its own blockchain to digitally track diamonds and gems from when they’re first dug up. Few things capture the attention more than a glittering diamond. They say that diamonds are a girl’s best friend, but provenance has become a diamond’s best friend over the last few years. Once enough attention was brought upon the practice of buying and selling blood diamonds, gems sourced from a war zone under
Tag Archive: diamonds
Blockchain Technology, Companies, News, News teaser Emerging Markets, FinTech, News, News teaser, Sponsored Article
They may be a girl’s best friend, but diamond dealers and investors are going to love CEDEX, the first certified diamond exchange to be built using blockchain technology. The diamond market has an estimated turnover of $80 billion per year, yet investor demand accounts for only 5% of that – the rest is consumer demand from the jewelry industry. Historically, diamonds have been a consistent store of value, just like gold and other precious metals,
Bitcoin, Companies, Press releases
SAN FRANCISCO, February 10, 2016 – ascribe GmbH has announced the release of BigchainDB, a scalable blockchain database that can process one million writes per second and their first licensed user, Everledger. BigchainDB achieves one million writes per second with sub-second latency and petabytes of capacity in a federated blockchain database. BigchainDB allows developers and enterprises to deploy blockchain applications and platforms at scale, formerly a limiting factor in getting sandbox proof-of-concepts into production systems.
Bitcoin, Bitcoin Investment, Bitcoin Service, Companies, Markets and Prices, News, News teaser, Technology, Trending
February 10, 2016,—There’s a way to purchase diamonds now with cryptocurrency using the exchange Bitcoin.de. The Deutschland-based Bitcoin service has just launched an internal diamond store within its platform. Now customers can use bitcoin to participate in the diamond market and the precious metals scene through the company’s marketplace. Also read: Online Gambling Made Easier by OnlineCasinoGuide Entering the Diamond Market With Bitcoin The business is pleased to announce this new feature saying: “Bitcoins are scarce and have