We successfully conducted POC of PayCircle our Defi payments application with Diamond, Textile, Oil, and Pharmaceutical giants. Diamante has collaborated with one of the leading financial service providers and is currently integrating the payment platform’s technology stakes. The first payment on the platform occurs in the 1st quarter of 2021, before going live in the production phase. The Native Digital Asset of Diamante ‘DIAM’ is a utility-based token which has received a no-action letter from Swiss financial market authority FINMA. Negotiating terms of the integration with multiple institutions have taken time and coordination. This delay is our biggest challenge.
