Diamond Trading on Blockchain

[goldcub]

Decentralized Diamond Trading Platform Built On Transectra
• Decentralized Marketplace for certified diamonds where seller and buyers meet.
• The seller must verify individual/company KYC and GoldCub will verify it. Only the verified seller are allowed to participate.
• All the inventory must be certified by diamond testing labs.
• Initially we will support IGI, GIA, and HRD
• This certification have unique code for each diamond which is physically laser engraved on Diamond grid.
• This unique code will be integrated on Blockchain, which will allow users to know whole history of that particular diamond.
• The deal between buyer & seller will be executed via smart contracts
• All Diamonds will be insured by third party smart contracts based insurance company.
• There will be a decentralized voting Mechanism Judiciary for dispute resolution

WhitePaper Link -
https://www.goldcub.com/images/Goldpaper_Web.pdf

[dzkrb1966]

The informal turnover of diamonds? We illegal trafficking in precious stones is punishable by law. How will these kinds of questions be dealt with?

[beskid]

I do not understand why this topic was created?Advertising on the project?Then where are the links to the site, white paper and so on ?!  Or maybe you need to express your opinion about this information?But then there is too little detail for this!

[goldcub]

The informal turnover of diamonds? We illegal trafficking in precious stones is punishable by law. How will these kinds of questions be dealt with?

Only the Diamonds certified by GIA, IGI and HRD will be allowed on the blockchain. The user can access the complete genealogy of particular Diamond.