Diamante Blockchain Strengthens Its Presence Across the Globe

The global Decentralized finance blockchain-based company Diamante Blockchain strengthens the brand’s presence across the world.

NEW YORK, Aug. 27, 2021 /PRNewswire-PRWeb/ — Diamante Blockchain Holdings Inc., a global fintech company, expands its virtual media presence across the globe. The company has been actively participating and growing its footprint by featuring in various podcasts and talk shows.

The Diamante company has experienced rapid growth in multiple product lines, from initiating pilot testing for their DeFi payments application, PayCircle to announcing the launch of its NFT-based diamond auction house.

In recent months, the company has gained significant credibility with its extensive strategic growth and product management by changing the world’s approaches to adapt DeFi and blockchain technologies.

The company continues its aggressive media presence, and for credibility, a few of the references are listed below.

1. The Irish Tech News Podcast
2. Future Hacker Podcast – episode 1 & 2
3. The Advancement Series with Ted Danson on CNBC

“By establishing global key industry partnerships in the first half of 2021, we further advanced our vision of building a global DeFi platform that the world has been looking forward to,” said Chirag Jetani, Diamante’s COO and Co-founder.

“Our main motto is to convey about the comfortable and convenient ecosystem (open for all) that continues to deliver sustainable value to our customers and clients in the long term. We will continue to grow, adapt, and enrich the presence through digital platforms in the USA and abroad, so our global audience can make use of it,” added Lalit Choudhary, Head of Marketing.

About the Company:

Diamante Blockchain Holdings Inc. is a global, decentralized finance platform successfully implementing and developing a competitive blockchain-enabled ecosystem for trade, payments, and financing.

The company’s DeFi payments application, PayCircle (competing with the world’s largest payment processors), and native digital asset, DIAM to go live soon. They have a user consortium of over 400 diamond industry participants representing $82 billion of potential revenue. The Diamante ecosystem consists

(i) Proprietary blockchain network – Diamante Net
(ii) Consortium of luxury goods and service industry stakeholders – Diamante Consortium
(iii) DeFi payments application – PayCircle

Meet the Team: https://diamanteblockchain.com/our-leadership/

-For more Information:

Website: http://www.diamanteblockchain.com
DeFi Payments Application: https://paycircle.io/

To stay up to date on the company’s latest announcements, join their social hubs.
Facebook | Twitter | LinkedIn | Telegram

Source: Yahoo Finance

Diamante Blockchain Announces the NFT-Based Diamond Auction House: The Real, Rare and Unique

Diamante Blockchain enters the non-fungible token (NFT) market to mainstream the auction of the world’s finest and rarest diamonds. The NFT platform will create the first-ever market for the world’s most unique diamonds to go digital.

NEW YORK, June 2, 2021 /PRNewswire-PRWeb/ — Diamante Blockchain, a global fintech company, announces the first-ever non-fungible tokens (NFTs) based rare and the most unique diamonds auction platform. The platform will be powered by the Diamante Net, the proprietary blockchain network of Diamante Blockchain.

Diamante’s auction house will consist of the rarest and unique diamonds from across the world that are validated and certified. The buyers can bid for the precious diamonds on the Diamante auction house with a non-fungible token or NFT, which has a unique digital signature linked to the physical diamonds. It acts as a digital certificate of ownership, authenticity, and provenance. The sellers have to deposit their diamonds in the safe and secure deposit vault owned by a Swiss partner. The transportation and the storage of the diamonds throughout the auction lifecycle will be traceable on the blockchain network with 100 percent insurance.

Diamante’s NFT-based online auction platform will create the first market for real and unique diamonds to go digital. Also, the platform offers buyers to gain the rights to the NFT with guaranteed control and blockchain proof of ownership over the real diamonds.

Dinesh Patel, CEO, and co-founder of the company said, “Our NFT-based diamond auction house provides instant, safe, and secure access to the world’s rarest diamonds. The buyers and sellers are all validated and authenticated. They will have to deal with a minimal operational fee associated with the bidding of the diamonds on the Diamante ecosystem.”

Chirag Jetani, COO and co-founder, added, “We are working to make the rarest diamonds more attainable. Our platform will allow users to buy NFTs and diamonds using our digital asset, DIAM. A few years from now, this could just be how people trade rare diamonds.”

The NFT diamond auction platform will be secured and traceable. The company’s progress is fascinating as there are already a few global diamond traders lined up to collaborate with the Diamante.

  • About Diamante Blockchain:

Diamante Blockchain is a global, decentralized finance platform successfully implementing and developing a competitive blockchain-enabled ecosystem for trade, payments, and financing.

The Diamante ecosystem consists

(i) Proprietary blockchain network – Diamante Net
(ii) Consortium of luxury goods and service industry stakeholders – Diamante Consortium
(iii) DeFi payments application – PayCircle

Related links:

Website: https://www.diamanteblockchain.com/

Source: Yahoo Finance

Diamante Blockchain Hits the First Milestone: Raises $200K Through Its Equity Crowdfunding Campaign on Wefunder

Diamante Blockchain hits its first goal by raising $200,000 on Wefunder, one of the world’s largest crowdfunding platforms. The company welcomes investors and fintech enthusiasts to invest and gain equity in the Diamante ecosystem.

NEW YORK, May 21, 2021 /PRNewswire-PRWeb/ — Diamante Blockchain Holdings Inc., a Delaware corporation, reached its first goal by raising $200K through the equity crowdfunding campaign on Wefunder. The company has hit its first target by raising funds from nearly 120+ investors.

Dinesh Patel, co-founder, and CEO said, “We are a unique combination of the diversified industries and advanced technology that solves real problems. Our proprietary technology infrastructure, Diamante Net, has the ability to process 100 million+ transactions per day. We’ve built the Diamante ecosystem to combine smart, secure, cost-effective, and instant financial transactions using advanced blockchain technology.”

“Our approach to the fintech space is absolutely at best,” said Erik A Jens, former CEO Diamond and Jewellery Clients of ABN AMRO bank and senior advisor of Diamante Blockchain, adding that the native digital asset, DIAM, results in bridging the gaps by addressing the challenges of global finance and payments.

The native digital asset, DIAM plays a vital role in the Diamante ecosystem. Built on the Diamante Net, DIAM Coin provides access to the suite of products and services. In the current scenario, it is the most powerful digital asset that has come up with a more sustainable and eco-friendly nature that the planet has been waiting for. DIAM has also been recognized by the Swiss Financial Market Supervisory Authority, FINMA.

The Diamante infrastructure is the need of the hour that addresses the real challenges such as time-consuming international payments, expensive cross-border remittances, and volatile transaction costs.

  • About the Company:

Diamante Blockchain is a global decentralized finance platform implementing and developing a competitive proprietary blockchain infrastructure for trade, payments, and financing. It leverages advanced technology to deal with cross-border payments, trading, and finance in a unique way. The company aims to solve the most significant problems that are threatening global commerce today. The Diamante Consortium, the company’s global platform, has over 400 diamond industry participants. The consortium represents $82 billion of potential revenue.

  • The Diamante Ecosystem:

1. Diamante Net – Proprietary blockchain network
2. PayCircle – DeFi payments application
3. DiamCircle – Blockchain applications
4. DIAM – Native digital asset on Diamante Net
5. CreditCircle – DeFi credit application
6. Consortium of luxury goods and service industry stakeholders – Diamante Consortium

Also, Diamante’s global DeFi payment application, PayCircle, has successfully completed its POC and initiated Pilot Testing for the application.

  • Related Links:

https://wefunder.com/diamante
https://www.diamanteblockchain.com/
https://paycircle.io/
https://diamcircle.io/

Source: Yahoo Finance

Diamante Blockchain Initiates Pilot Testing for PayCircle, the Global DeFi Payment Application

Diamante Blockchain is a global decentralized finance platform implementing and developing a competitive proprietary blockchain infrastructure for trade, payments, and financing.

NEW YORK, May 14, 2021 /PRNewswire-PRWeb/ — Diamante Blockchain Inc., a global fintech firm initiates the Pilot Testing for its global DeFi payment application, PayCircle, before the final launch of the application. The global payment application has successfully completed the Proof of Concept (POC) with over 10+ eminent corporates and leading banks in December 2020. The company is aiming to deploy the payments solution in the next couple of weeks.

PayCircle is a DeFi payments solution built for global businesses and individuals. It allows individuals and businesses to send, receive, and custody a variety of Fiat and digital assets globally, anytime, and anywhere.

  • Key Features of PayCircle:

1. Users can instantly send, receive, and custody multi-currency Fiat and digital assets across the globe 24X7

2. FDIC insured USD custody

3. No hidden fees with the lowest transaction fees in the industry

4. Digitally encrypted and advanced visibility of the transactions while guaranteeing near zero payment failure

  • We’re Incredibly Diamante: A Message from the CEO, Diamante Blockchain

A decade from today is going to be completely ‘Decentralized and Digital.’ Frictionless flows of global digital transactions, trillion-dollar tokens with a positive impact on businesses, altogether a new Fintech space.

Can we call it a new “Fintech Revolution?”

The global payments and financing system remained antiquated. Trust, transparency, and traceability, above all, security are the biggest challenges today. Hence, after working for over 30 years in the global trade of diamonds, I and my co-founder, Chirag Jetani, found the need to modernize the international payments and financing space, beginning with the diamond industry. Well, the advanced technology that is all decentralized is the need of the hour.

  • Diamante: The Revolutionary Fintech Ecosystem

Indeed, we are doing this! We are working to revolutionize the global financial infrastructure with our innovative technologies. Our products and solutions enable the world to meet its business and consumer needs. Ultimately, we are committed to creating a new era in the global fintech space!

“We are leading the paradigm shift in the global financial ecosystem, by making money more fluid, the market more open, and businesses more empowered.”

  • Speedy Transactions

Leverage our advanced technology to conduct relatively speedy transactions. Transfer digital assets and conduct transactions 24/7 with more convenience.

  • Reliable

Reliable transaction processing in real-time. Advanced visibility of transactions while guaranteeing zero payment failure.

  • Secured

Enhanced digital security for transactions from source till settlement. Absolute control of assets without any interference of any middlemen.

  • Cost-Effective

Conduct low-cost, cross-currency, cross-border transactions, and national payments for global commerce. Minor fee charge to prevent any malicious intentions to flood the network.

We as a company are successfully implementing and developing a competitive blockchain-enabled ecosystem for trade, payments, and financing. Along with us, we want YOU to explore the impossibilities and transform the way you do your business. We assure you that the Diamante is faster, reliable, secured, and borderless.

For more information

Website: http://www.diamanteblockchain.com
DeFi Payments Application: https://paycircle.io/
Email: support@diamanteblockchain.com

Source: Yahoo Finance

Diamante Blockchain, the Global Fintech Firm Announces Launch of Equity Crowdfunding Campaign on Wefunder

Diamante Blockchain (Diamante) has announced its first-ever equity crowdfunding campaign this week, in partnership with Wefunder, one of the world’s largest crowdfunding platforms. The public sale will go live on April 2, 2021, at 9 AM EST.

LENEXA, Kansas (PRWEB) April 02, 2021

Diamante Blockchain is a global decentralized finance platform implementing and developing a competitive proprietary blockchain infrastructure for trade, payments, and financing. The company raised significant funds in the private round, held on the Wefunder. And now, Diamante is inviting public investors to become part of the Diamante, whose portfolio will then include Diamante Net, our proprietary blockchain technology; PayCircle, a DeFi payment application, and other Diamante products and services.

Dinesh Patel, founder, and CEO said, “In recent years, the DeFi and disruptive technology have been a massive part of the growth of the fintech industry. And with a unique combination of diamond industry expertise and technical solutions, we are expanding our fintech-driven solutions to multiple industries.”

“We have completed the POC of one of our DeFi applications, PayCircle, and we also have over 400 participants joined our consortium. We welcome investors and fintech enthusiasts now to have the opportunity to gain equity in the Diamante ecosystem,” said Chirag Jetani, founder and COO of Diamante Blockchain.

“The Diamante team is the best in the business, and I see great potential in the new way of thinking which will accelerate the cross-border payments, trading, and scale-up financing across the globe,” added Erik Jens, company’s advisor and former CEO, ABN AMRO Bank.

To view the information on equity crowdfunding and analyze the opportunities for you, please check out: https://wefunder.com/diamante/.

About Diamante Blockchain:

Diamante Blockchain is a fintech company leveraging blockchain technology to create a dedicated ecosystem for trade, payments, and financing. The Diamante ecosystem consists of (i) Diamante’s proprietary blockchain (Diamante Net), (ii) industry stakeholders (the Diamante Consortium), and (iii) Diamante’s ecosystem payments network (PayCircle).

Founded in 2018, Diamante Blockchain is solving the most significant challenges threatening global commerce today.

1. Time-consuming international payments
2. Expensive cross-border remittances
3. Lack of access to financing
4. Opaque and volatile transaction cost

The Diamante ecosystem fosters individuals and enterprises throughout the global fintech space to access their products and services.

For more detailed information, Click Here

Source: Yahoo Finance

IBEX INDIA 2020 – Diamante Blockchain Steals the Show by Winning at DCB Bank Innovation Carnival


Diamante takes the winner’s position at the DCB Bank Innovation Carnival innovative technology exhibit during the IBEX INDIA 2020 Expo, Mumbai.


LENEXA, KANSAS FEBRUARY 25, 2020 Diamante Blockchain wins big at DCB Bank Innovation Carnival, held during the International Banking Expo IBEX INDIA 2020. The startup claimed the winner’s position at Innovation Carnival by showcasing its revolutionary Blockchain-based diamond supply chain in-front of the jury members. This success adds Diamante Blockchain into the list of startups that will compete at the main Innovation Carnival event, scheduled for August 2020.

Sharing his experience, Chirag Jetani, Co-Founder and COO of Diamante commented, “IBEX INDIA is one of the most anticipated events of the year that offers a platform for Fintechs to showcase their innovations in front of the bankers and potential investors in the financial sector. We are elated at the acknowledgment received from DCB Bank through their Innovation Carnival and look forward to the last leg of the competition in August.

IBEX India 2020
This year marked the 8th edition of IBEX India (International Trade Fair and Conference on Banking Technology, Equipment and Services). The Expo was held from 13th to 15th February in Mumbai.

Since 2011, IBEX INDIA has served as a platform to unite technological innovations with the banking sector, spearheading the cause of Fintech evolution. The event brings together technology innovators, banking professionals, regulators and investors all under one roof. The continued success of this event owes its support from the esteemed advisory committee comprising of senior bankers from leading Public and Private Sector Banks.

For the past 7 years, IBEX INDIA has connected around six hundred technology companies with more than eighteen thousand BFSI professionals hailing from India and South Asia.

The Expo consists of a Trade Show and Conference, offering a demonstrative platform to technology companies and Fintech startups.

DCB Bank Innovation Carnival
DCB has been one of the frontrunners in the banking sector, fervently supporting the Fintech R ji evolution. The Innovation Carnival is just one of their attempts to bridge the gap between technology and financial services.

DCB offers a platform to students, domain experts, developers, and startups to exhibit their innovative technological solutions in Fintech including Blockchain, IoT, Digital Payments, AI, Automation, etc. Spanning across multiple cities, the exhibit aims to harness the power of new technologies to optimize the existing operational architecture of the financial sector.

An internal program of the DCB Bank, Innovation Carnival focuses on innovative technologies related to lending, trading, investing, risk management, retail banking, Big Data, mobile payments, regulatory compliance, enterprise social and security.

About Diamante Blockchain:
Diamante is a Fintech company that focuses on leveraging Blockchain technology to create a dedicated, universal diamond ecosystem, ensuring full security and establishing concrete trust in, for trade, payments, financing, and controls. Diamante seeks to provide its clients and members with an effective and entrusted supply chain management system that is the epitome of consistency, security, and cost-effectiveness throughout the value chain.

Diamante Blockchain LLC, the USA-based diamond consortium comprises of every part of the industry from mining to retail. Built on Distributed Ledger Technology, Diamante Blockchain Consortium promises authenticity, assured quality, and privacy in trade and transactions within its network.

Diamante Blockchain To Showcase At Newchip’s 2020 Q1 Startup Expo

LENEXA, KAN. JANUARY 27, 2020: Newchip’s 2020 Q1 Startup Expo, one of the most awaited events of the year, where Diamante Blockchain LLC will be a part of its investor showcase global summit. The Expo will take place from 27th to 31st January 2020 with Diamante being slotted for 28th January, 1.50 PM (CDT).

Sharing his enthusiasm, Mr. Chirag Jetani, Co-Founder & COO of Diamante commented,

Newchip has the most decorated and comprehensive accelerator program catering to startups all over the world. The Expo is a grand stage for businesses spearheading the tech revolution across different verticals through their innovative approach and projects. We are excited to be a part of this showcase and to share our vision on Blockchain and Fintech for the diamond industry.

The Newchip Startup Expo Week – What You Need to Know

“Newchip has the most decorated and comprehensive accelerator program catering to startups all over the world. The Expo is a grand stage for businesses spearheading the tech revolution across different verticals through their innovative approach and projects. We are excited to be a part of this showcase and to share our vision on Blockchain and Fintech for the diamond industry.”

Through this outstanding initiative, Newchip acts as a bridge to connect innovative start-ups doing ground-breaking work in respective fields with investors, who have displayed their intent of supporting these pioneering achievements.
It is one of the biggest platforms that a start-up can utilize to showcase their work and vision. The Newchip Expo invites all kinds of investors starting from the ones holding an investment fund or Angel Network to an Angel or Solo investor.

About Diamante Blockchain:

Diamante is a fintech company that focuses on leveraging blockchain technology to create a dedicated, universal diamond ecosystem, ensuring full security and establishing concrete trust in, for trade, payments, financing, and controls. Diamante seeks to provide its clients and members with an effective and entrusted supply chain management system that is the epitome of consistency, security, and cost-effectiveness throughout the value chain.

Diamante Blockchain LLC, the USA-based diamond consortium comprises of every part of the industry from mining to retail. Built on Distributed Ledger Technology, Diamante Blockchain Consortium promises authenticity, assured quality, and privacy in trade and transactions within its network.

Source: markets.businessinsider.com/news/stocks/diamante-blockchain-to-showcase-at-newchip-s-2020-q1-startup-expo-1028846844

Diamante Corporate Payment A New Chapter in Diamond Supply Chain Management

For years the diamond industry has been operating on a payment structure that relies on time-consuming cross border transactions and wire transfers. Owing to the global nature of the trade, the money has to go through multiple checkpoints. This leads to a trail of paperwork and documentation that is hard to track, making the payment process lengthy and expensive. The traditional ways also make transactions vulnerable to theft and fraud.  

Many in the industry, small and big players alike have been blaming the traditional payment structure for the slow growth and post-recession financial slump in the sector and have been voicing for a reformation. Thankfully Blockchain couldn’t have come at a better time. The Distributed Ledger Technology, has all the values that the diamond industry has been seeking to speed up or rather renovate their payment structure. 

Diamante Consortium has harnessed the values of blockchain technology into creating their B2B corporate payments network that enables cross border payments in a matter of seconds at a fraction of the cost. 

Diamante Corporate Payments – How it Transforms Diamond Industry Payment Structure

Instant Payments

Diamante’s Corporate Payments network facilitates instant cross border payments. The transactions get processed within seconds through peer-to-peer technology resulting in quicker payments in both national and global markets. It is much better than the traditional wire systems with considerably slow processing times.  

Reduced transaction costs

The peer-to-peer technique removes the involvement of third parties from the payment structure. This significantly lowers the processing cost as without the third parties there is no need to pay an extra transaction fee for cross border payments. 

Safe and secure transactions

The diamond industry demands trust and cooperation among the trade participants. The diamante corporate payments platform is loaded with features that are perfect to uphold the trust factor. It delivers scalable, realistic and measurable results in real-time. 

The industry has often suffered cyber-attacks where hackers have invaded the payment platforms and stolen identities. The robust network of Diamante Corporate Payment minimizes these risks to zero and ensures a healthy and safe business ecosystem for the mutual growth of participants.  

About Diamante Blockchain 

Diamante Blockchain LLC, the USA-based diamond consortium is your one-stop destination if you are looking for result based diamond supply chain management. The consortium provides a unified marketplace for players across the diamond industry – from mining companies to cutters, polishers, certifiers, manufacturers, retailers, and end-customers. Built on Distributed Ledger Technology, Diamante Blockchain Consortium promises its clients and members complete authenticity, assured quality, and cost-effectiveness in trade and transactions within its network.

‘The Diamante Consortium makes for an ecosystem where its members can obtain a line of credit with ease. It provides a first-of-its-kind marketplace for the Gem and Jewelry industry where trade is established through smart contracts. The consortium operates in compliance with Kimberly Certified norms, Anti-money laundering (AML), and the USA Patriot Act.’

Diamante’s Corporate Payments Pioneers Advancement in Global Diamond Industry Through Use of DLT Making Transactions Fast, Secure and Traceable

A Corporate Payments Network that enables the instantaneous transfer of cross-border payments at a lower transactional cost, minimal risk, and a healthy business ecosystem for mutual growth.

LOCATION: LENEXA, KAN.  DATE: NOVEMBER 01, 2019

Spread across continents, the diamond trade has always had a global structure. While this characteristic widens the spectrum of growth, substantial issues keep hurting the global revenue of the sector. The diamond trade is riddled with online transaction issues such as lack of traceability, time consuming and cost-extensive settlements. To address these concerns Diamante has come up with its own corporate payment solution.

Diamante Consortium is a global platform that aims to create a unified marketplace for diamond trade participants. Using Blockchain technology, Diamante Corporate Payment addresses pain areas of the trade by facilitating enabling instant transfer of cross border payment at a fraction of charge levied by a traditional wired payment system.

The Need for Diamante Corporate Payment
The cross-border payment structure has always been a sore area of $160+ billion diamond industry. The use of traditional modes and payment service providers which have higher transaction charges and slower processing time makes transactions tedious and time-consuming.

Built on Blockchain technology, Diamante Corporate Payment is exactly what the diamond industry needs to solve these payment issues.

Reformation Brought by Diamante Corporate Payment
Diamante Corporate Payment settles payments on a decentralized network, providing security and traceability to all trade participants. This helps in:

  • Reduction of direct costs related to remittance
  • Streamlining the operational process to make cross-border payment fast, secure and mitigate operational risks
  • Significant reduction of interest rate losses caused due to inept processing

To put it in simple terms, what used to take days now takes seconds to process and complete, all at a fraction of the cost levied by traditional modes. Use of Distributed Ledger Technology aids in instant payments via smart contracts. It also ensures that that trades between participants are secure with precise traceability. All the transactions that take place get recorded in an immutable shared ledger that is protected with advanced encryption.

Chirag Jetani, COO of Diamante Blockchain shared his insight, “The Corporate Payment utilizes Diamante’s decentralized network to allow trade participants based in different geographies to interact and settle payments instantly and at a reduced cost. Traceability in online transactions offers peace of mind to all those involved in the diamond trade.”

Powered by Blockchain technology, Diamante Consortium has addressed some of the significant issues in global diamond trade that demanded attention for a long time. The global platform aims at enhancing trust and simplicity within the industry players and merchants which will hopefully have a positive effect on the centuries-old diamond industry.

About Diamante Blockchain
Diamante Blockchain LLC, the USA-based diamond consortium is your one-stop destination if you are looking for result based diamond supply chain management. The consortium provides a unified marketplace for players across the diamond industry – from mining companies to cutters, polishers, certifiers, manufacturers, retailers, and end-customers. Built on Distributed Ledger Technology, Diamante Blockchain Consortium promises its clients and members complete authenticity, assured quality, and cost-effectiveness in trade and transactions within its network.

The Diamante Consortium makes for an ecosystem where its members can obtain a line of credit with ease. It provides a first-of-its-kind marketplace for the Gem and Jewelry industry where trade is established through smart contracts. The consortium operates in compliance with Kimberly Certified norms, Anti-money laundering (AML), and the USA Patriot Act.

Diamante Blockchain Meet Highlights the Spectrum of Opportunities of Blockchain in Diamond Industry

Diamante Blockchain hosted the Diamante Meets 2019 to discuss Spectrum of Opportunities in Mumbai introducing the revolutionary Diamante consortium to Banks, Industry leaders, and stakeholders. The seminar shed light on the future of the diamond industry through the utilization of blockchain technology.

Counterfeits, conflict or blood diamonds, minimal documentation, and murky transactions are some of the major problems plaguing the centuries-old diamond industry. Issues related to the traceability of diamonds and other loopholes in the manufacturing and trading affect the global diamond industry.

However, things are looking on the brighter side with the advent of blockchain technology. The Distributed Ledger Technology (DLT) is a chance to bring more traceability and order in the diamond trade. Diamante Blockchain has been spearheading that cause for quite some time now. Taking a step ahead towards that goal, the diamond blockchain consortium hosted an August seminar at the Golconda Ballroom of Hotel Trident BKC, Mumbai. The seminar brought together representatives from banks, industry leaders, and stakeholders under one roof and introduced them to the revolutionary Diamante Consortium.

Diamante Meets 2019

The initiative “Diamante Meets 2019: Facing the Future – Together” was organized according to Genesis Block, USA, and HashCash Consultants (California, USA). Chirag Jetani (Chief Operating Officer), Erik A Jens (Ex- ABN AMRO CEO & Chief Financial Expert), Samuel E Proctor (Chief Regulatory Advisor), Raj Chowdhury (CEO of HashCash Consultants and Banking & Blockchain Advisor at Diamante Blockchain), Prasanna Lohar (DCB Bank) and Mr. Sudhin from SBI were the key speakers who shared their insight on the basic structure of Diamante Consortium, and the potential of blockchain and its future in the diamond industry.

Technology and innovation go hand in hand and also helps a lot in the sustainability of an industry going forward,” said Erik A Jens.

According to the Chief Regulatory Officer of Diamante, Samuel E Proctor, “Fintech is going to make the diamond industry better by making the business move faster, move cheaper, and make things more transparent, which is a win for everybody involved.

The event aimed to present a blockchain solution into the present corporate payment structure and line of credit model.

Diamante Blockchain – Corporate Payments

Let’s take a quick look at what Diamante Blockchain offers to the industry, using decentralized ledger technology.

The Diamond industry is spread across continents, making business complex and time-consuming. Going by the traditional modes of cross-border payments, the money goes through various exchanges, making it very hard to trace. That can be solved by DLT, which is a digital system that records the details of every transaction happening in real-time and keeps all the parties involved in the loop about the movement. There is zero involvement of any central authority, as all transaction happens and is recorded independently by the participants or the nodes in a network.

Diamante Blockchain has launched a B2B corporate payment network that allows hassle-free cross border transfer of funds. The transaction happens faster and a fraction of the cost that is usually charged by the banks and exchanges. It also makes it easy to track the payment, thus preventing any act of fraud.

The seminar gave a brief insight on the whole process and the benefits of Diamante’s corporate pay. It was an absolute success, considering the phenomenal response it received from all the attendees.

About Diamante Blockchain

Diamante Blockchain LLC, the USA-based diamond consortium, is your one-stop destination if you are looking for result based diamond supply chain management. Diamante provides a secure ecosystem for network participants to make online payments and obtain a credit line with ease. Together, Diamante’s expanding body of specialized services creates a unified marketplace for players across the diamond industry – from mining companies to cutters, polishers, certifiers, manufacturers, retailers, and end-customers. Built on Distributed Ledger Technology, Diamante Blockchain promises its clients and members complete traceability, assured quality, and cost-effectiveness in trade and transactions within its network.

The first-of-its-kind marketplace for the Gem and Jewelry industry enables trade through smart contracts. The consortium operates in compliance with Kimberly Certified norms, Anti-money laundering (AML), and the USA Patriot Act.