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Global Commodity Exchange To Use Blockchain For Trading Diamonds

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Global Commodity Exchange To Use Blockchain For Trading Diamonds Empty Global Commodity Exchange To Use Blockchain For Trading Diamonds

Post by Vladdirescu Fri Jun 16, 2017 10:18 pm

The world’s first commodity exchange for physically settled diamonds, the Singapore Diamond Investment Exchange, has announced that it will be using Blockchain technology for diamond authentication, data archiving, and trading.

According to an announcement, Singapore Diamond Investment Exchange (SDiX) has partnered with Kynetix, a physical commodity digitisation expert, and Everledger, a supplier of blockchain infrastructure, to complete the first part of a Proof-Of-Concept of a blockchain-based authentication and secure record-keeping service for trading diamonds on a global commodity exchange.

Read the full article: https://coinidol.com/blockchain-for-trading-diamonds/
Global Commodity Exchange To Use Blockchain For Trading Diamonds 3c6b1dedf4824b717ec269145f997115

Vladdirescu

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