Luxury Blockchain Startup Everledger to Secure Diamonds Trading

[kreslik.news]

The Singapore Diamond Investment Exchange (SDiX) has announced that it has partnered with Kynetix and Everledger 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.

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Linus Koh, CEO of the Singapore Diamond Investment Exchange, said: “This exciting collaboration builds on SDiX’s record of delivering advanced technologies to enable a trusted, fair and transparent marketplace for trading diamonds as an investable asset class. This new concept draws on blockchain’s distributed ledger capability to demonstrate how we can further instill ... (read more)