The FinTech Firm, Diamante Blockchain, Raises $1.3M Through its Equity Crowdfunding Campaign on Wefunder

NEW YORK, Feb. 4, 2022 /PRNewswire via COMTEX/ — NEW YORK, Feb. 4, 2022 /PRNewswire-PRWeb/ — Diamante Blockchain, the global fintech firm co-founded by entrepreneurs Dinesh Patel and Chirag Jetani, has raised over $1.3 million from Wefunder and other angel investors. The company said it would utilize the funds to upgrade and enhance its technology infrastructure. The funds will be deployed for product development and accelerating hiring and scale operations across the global markets.

The company co-founder and CEO, Dinesh Patel, said, “We aim to make our ecosystem really exciting for the rapidly evolving tech and innovation. Our DeFi products and services facilitate real-time value across the Diamante ecosystem and enable users to move assets instantly.”

“The fundraising campaign is receiving immense support from across the globe, and we aim to hit $2.3M,” he added.

“Our DeFi digital ecosystem represents the next-gen way of approaching multi-currency Fiat and digital asset payments in real-time, building innovative dApps and transforming the way businesses and individuals interact with fintech space,” added the co-founder and COO, Chirag Jetani.

The company’s DeFi payments application, PayCircle, is currently live in the beta version for market review. The application allows individuals and businesses to send, receive, or custody multi-currency Fiat and digital assets at a fraction of the current cost in real-time. The application’s FDIC insurance for USD custody is a prominent feature that beats the game among other top payment processors.

Also, Diamante’s other DeFi credit lending application, CreditCircle, is gearing up to offer instant and secured crypto-collateralized loans with hassle-free and easy KYC processes.

Diamante Blockchain offers a borderless, limitless, and secured foundation to empower businesses and individuals with its native digital asset, DIAM. The company provides financial freedom with its premium credit services. The company has recently announced its upcoming global NFT-Metaverse based auction universe that enables users to trade the world’s rarest and finest diamonds and artifacts.

The company’s fundraising campaign on Wefunder is heading towards its goal with significant momentum from across the globe.

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
iv) Exclusive NFT-Metaverse platform

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

1. Time-consuming multi-currency Fiat and digital payments
2. Expensive exchange rates and processing fees
3. Lack of access to instant and easy financing
4. Opaque and volatile transaction cost

Related links:

https://wefunder.com/diamante
https://diamanteblockchain.com/
https://diamcircle.io/
https://paycircle.io/
DIAM Tokenomics

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

For more information, you can also write to support@diamanteblockchain.com.

The company is hiring for various roles in India. To know more,
visit https://diamanteblockchain.com/careers/

Media Contact

Bhaskar Goel, Diamante Blockchain Holdings Inc., +1 (913) 544-5121, usa@diamanteblockchain.com

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 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 Launches a Blockchain Consortium That Promises Security to Online Diamond Trade

The internet has expanded the extent of the diamond industry across oceans, and businesses are taking to online platforms for trade and transactions. Diamante Blockchain Consortium has unveiled a highly secure DLT platform for this very purpose.

Cross-border trade in diamonds is a vehicle for non-diamond-producing countries to profit from the business of the gemstones. This is because even though countries like India, Israel, and Belgium are not sites known for naturally occurring diamond reserves, these locations are replete with cutters, polishers, manufacturers, and other related service providers. Therefore, before a diamond reaches the display window of retail stores in its final form, they invariably make their way through myriad necessary stops. The Diamante Blockchain Consortium has introduced a state-of-the-art blockchain platform dedicated to online trade-in diamonds that provides a secure environment crucial to conducting the business of such high value.

Diamante Blockchain Consortium and online diamond trade:

Trade-in diamonds are a significant factor in calculating the GDPs of beneficiary countries through which a diamond journeys. This obviously entails several custody changes, validation of the transactions through massive volumes of paperwork, and settlements in several foreign currencies. The Diamante Blockchain Network presents the opportunity to automate and digitize the manual labor and paperwork involved in the process.

At the core of the platform is the technology which powers cryptocurrencies. The primary service it renders is providing an immutable distributed digital ledger to record every transaction executed within the blockchain network. These transactions will be validated and recorded by smart contracts, which are pre-programmed computer protocols, reducing inefficiencies and human error. Since settlements are made using DIAM (the native digital asset of the Diamante Blockchain Network), the time taken for settling remittances is reduced drastically, and the cost incurred is startlingly low. Moreover, each step of the process is protected by complex encryption and security practices implemented by leading global banks.

The entire body of transactions within the blockchain consortium will be maintained in compliance with the terms of trade privacy, keeping sensitive data belonging to consortium members and trade participants secure and private.

Blockchain, by nature, is extremely secure. Since transactions taking place on it are done using cryptocurrency, which has a unique encrypted identity each, it is possible to track its movement anywhere within the network. This feature of digital currency nullifies the chances of fraud and double-spending. Blockchain brings to the trade participants, and the diamond industry as a whole, a never before experienced level of transparency and accountability, encouraging increased investment in the sector.

Benefits of participation in Diamante Blockchain Consortium:

The Diamante Blockchain Consortium provides a unified marketplace that brings together industry participants, including miners, polishers, manufacturers, traders, and retailers. A provision such as this streamlines these actors’ business and sets the stage for synergizing the operations in this vast-spread multi-layered industry.

Participants of the diamond blockchain consortium will have to complete their KYC documentation, after which they will be allotted a rating within the consortium determined by a predefined algorithm. A platform like this will cover trading features, including regularity of payments to consortium members and analysis of the regular trade practices.

Distributed ledger technology has enabled diamond suppliers (and intermediaries like border agents) to operate with ease and clarity, relying on a blockchain ledger. Dinesh Patel, CEO of Diamante Blockchain, said, “The process involves using computer scanning tools to access a ‘digital vault’ and to determine the provenance of the diamonds that are registered on the network.” This lays the foundation to create new efficiencies in the blockchain that would reinstall assurance in consumers that their diamond is natural and conflict-free.

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 transparency, 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 Consortium uses DIAM – its native digital asset – to carry out transactions and trade in its blockchain network.

Source: https://markets.businessinsider.com/news/stocks/diamante-launches-a-blockchain-consortium-that-promises-security-to-online-diamond-trade-1027945199

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