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Author Topic: World's largest diamond jewelry retailer joins blockchain  (Read 42 times)
Satwantkaur
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May 26, 2018, 06:00:22 AM
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I think it is great news that world's largest diamond jewelry retailer joins De beers blockchain platform.

What you think this will effect price of bitcoin?
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freesia_pnp888
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May 26, 2018, 08:22:40 AM
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they should focus on their major lol, or make a new coin.
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May 26, 2018, 09:51:34 PM
 #3

here is an article.

https://cointelegraph.com/news/worlds-largest-diamond-jewelry-retailer-joins-de-beers-blockchain-pilot

Signet will join the Tracr platform in its pilot version, which according to the press release, will enable the platform to complete a “digital link” from diamond production to its retail location. The parties will ensure that the platform corresponds to the needs of manufacturers and retailer, initially focusing on the tracking of diamond jewelry.


It is interesting that that Tracr sounds similar as TRACE, the OrginTrail project.



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pooya87
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May 27, 2018, 04:10:40 AM
 #4

this is just another token being created in the name of "blockchain technology" it has nothing to do with bitcoin so it has zero effects on its price. one may even consider tokens like these pointless creations and waste of time.

Jewelry related stuff that can affect bitcoin price is when the jewelers start accepting bitcoin as payment like REEDS Jewelers for instance or many others that are already accepting bitcoin payments. these increase the popularity of bitcoin and also they add to its usability which is always good for bitcoin growth.

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May 27, 2018, 04:41:54 AM
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this is just another token being created in the name of "blockchain technology" it has nothing to do with bitcoin so it has zero effects on its price. one may even consider tokens like these pointless creations and waste of time.

Jewelry related stuff that can affect bitcoin price is when the jewelers start accepting bitcoin as payment like REEDS Jewelers for instance or many others that are already accepting bitcoin payments. these increase the popularity of bitcoin and also they add to its usability which is always good for bitcoin growth.

Bitcoin+jewelry industry?I don`t think this "partnership" has any future.
Women just don`t use bitcoin.Period.They won`t start using it for retail purchases and most likely they will never start using it.Anyway,some ICO can have a little impact over the btc price,because a big part of the newbiers still think that BTC and ICOs are connected in one way or another.

bobo012
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May 27, 2018, 07:28:56 AM
 #6

I think it is great news that world's largest diamond jewelry retailer joins De beers blockchain platform.

What you think this will effect price of bitcoin?

Dont think this will affect bitcoin price in any major way but it is great to have more participants joining the crypto eco system.
We are growing and that is nice
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May 27, 2018, 07:37:34 AM
 #7

this is just another token being created in the name of "blockchain technology" it has nothing to do with bitcoin so it has zero effects on its price. one may even consider tokens like these pointless creations and waste of time.

Jewelry related stuff that can affect bitcoin price is when the jewelers start accepting bitcoin as payment like REEDS Jewelers for instance or many others that are already accepting bitcoin payments. these increase the popularity of bitcoin and also they add to its usability which is always good for bitcoin growth.

Bitcoin+jewelry industry?I don`t think this "partnership" has any future.
Women just don`t use bitcoin.Period.They won`t start using it for retail purchases and most likely they will never start using it.Anyway,some ICO can have a little impact over the btc price,because a big part of the newbiers still think that BTC and ICOs are connected in one way or another.

first of all what you think is just a guess. it is far from reality. the reality is that "Bitcoin + jewelry" has already happened. if you do a quick google search you can find numerous cases of it.
here are a bunch of links:
https://spendabit.co/go?q=jewelry
http://bitcoindaily.org/bitcoin-guides/how-to-buy-jewelry-with-bitcoin/
https://www.reeds.com/bitcoin.html
https://www.reddit.com/r/Bitcoin/comments/7yvu2c/my_family_online_jewelry_shop_is_now_accepting/

secondly the newbies who think the way you said here also have so little amount of money that hey also lost a lot of it so they have even less eventually. these people don't have any impact on a big market like bitcoin's.

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