Diamante Blockchain Foundation Enters Mainstream Media With CNBC

Diamante Blockchain Foundation and the fast-growing blockchain diamond consortium it operates is the focus of an upcoming segment of Advancements television series, airing via CNBC.

Blockchain technology has found a fairground in the diamond industry to push the boundaries of its capabilities. One of the most interesting ways for this to unfold has been creating consortia dedicated to bringing in more transparency and efficiency into this centuries-old sector. While the novelty of blockchain still has some holding their reservations about its performance, forward-thinking enterprises, such as Diamante, have already dipped their toe in exploring its advantages. Diamante Blockchain Foundation, the non-profit wing of Diamante Group LLC, is set to take the Diamante Blockchain story to a wider audience with CNBC and DMG Productions.

Being one of the first of its kind, Diamante Blockchain’s journey till now and its way forward is the focus of the interview organized by DMG Productions. The episode was recently shot in New York, the USA, and India, one of the world’s top-ranking diamond hubs. The segment will delve into the core ideas behind the project, as explained by the team members. Dinesh Patel (CEO of Diamante Blockchain), Chirag Jetani (Chief Operating Officer), Erik A Jens (Ex- ABN AMRO CEO & Chief Financial Expert), and Raj Chowdhury (MD of HashCash Consultants and Chief Technology Architect of Diamante) will be speaking on topics ranging from the structure of Diamante Blockchain, and the potential of blockchain and future payment services in the diamond industry, and its plans of expansion. The interview will be broadcast on an upcoming episode of Advancements via CNBC.

Diamante Foundation is a part of Diamante Consortium, a non-profit open-source platform dedicated to bringing transparency and accountability to the diamond industry. It will provide a unified marketplace for diamond companies of every size and scale. Diamante Foundation will operate on Diamante NET, a state of the art blockchain network. Transactions and trade can be carried out within this highly secure network using DIAM, the native digital asset of Diamante NET. Overall, a blockchain-based system would revolutionize supply chain management.

Diamante is compliant with the Kimberly Certified norms, Anti-money laundering (AML) regulations, and the USA Patriot Act. This set of rules aims to mitigate the circulation of conflict diamonds and the generation of income by illegal means. Speaking from New York, Eric A. Jens said, “The diamond industry has struggled to maintain authentic and accurate records about the source and provenance of diamonds. As technology progresses, it is also becoming increasingly difficult to identify lab-grown diamonds from natural-mined diamonds. Now, the industry is looking to the blockchain to solve these issues.”

Since the diamond industry spans worldwide, Advancements’ global coverage via CNBC is ideal for informing about blockchain diamond consortium to a wider audience. The network has a strong presence in the U.S., Asia Pacific, Europe, Middle East, and Africa. It is a world leader in business news and is watched in more than 409 million homes worldwide, including more than 91 million households in the United States and Canada.

In the USA alone, 22.84% of the number of people assessed are those aged 18 to 29, and 30-49 years make up approximately 33%. The first group is socially aware and highly dependent on technology with a natural penchant for distributed ledger technology. The second group comprises seasoned professionals who are looking to improve outdated company infrastructures. The Collaboration between Diamante and DMG Productions is bound to excite both parties.

About Diamante Blockchain Foundation:

Diamante Blockchain LLC, the USA-based diamond foundation, is your one-stop destination if you are looking for result based diamond supply chain management. The foundation 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 Foundation promises its clients and members complete transparency, assured quality, and cost-effectiveness in trade and transactions within its network.

The Diamante Foundation 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 foundation operates in compliance with Kimberly Certified norms, Anti-money laundering (AML), and USA Patriot Act.

Diamante Blockchain Foundation uses DIAM – its native digital asset – to carry out transactions and trade in its blockchain network.

Source:http://www.prweb.com/releases/diamante_blockchain_foundation_enters_mainstream_media_with_cnbc/prweb16179744.htm

Diamante And DMG Productions To Bring Focus On Blockchain In The Diamond Industry

Diamante Blockchain Consortium set to launch into mainstream media with a DMG Productions collaboration.

Diamante Blockchain Consortium – a pioneer in incorporating Distributed Ledger Technology in supply chain management in the diamond industry – is all set to conglomerate a wider audience’s attention through collaboration with DMG Productions. The project will hit the floor in the first quarter of 2019, and the segment is speculated to be broadcast in the second quarter via CNBC.

Blockchain is a technology that has been making waves across various industries, finding a strong footing in finance, insurance, online gaming, automobile manufacture, and trade sectors. By implementing blockchain to build its infrastructure, Diamante has made the diamond industry the next big sector to see this innovation play a significant role in its operations. The decentralized, digital ledger is extensively utilized to manage supply chains and value chains in the gem and jewelry industry. In the diamond industry, specifically, it has helped instill trust in and authenticate the source of diamonds, which are often mined illegally in civil conflict areas. Blockchain has made provenance tracking of precious stones more efficient, reducing the scope of the fraud.

With Diamante Consortium, blockchain has ventured beyond providing just transparency in the supply chain and created a secure ecosystem for trade and transaction, validated by smart contracts. Members of the consortium are positioned to enjoy several benefits, such as acquiring a credit line by simpler methods and the opportunity to network with potential buyers, sellers, and partners in a unified marketplace. It executes transactions in its blockchain network using DIAM –its native digital asset.

Diamante’s collaboration with DMG Productions is a benchmark in its roadmap, indicating the growing popularity of the diamond consortium. The award-winning producers behind Advancements with Ted Danson will focus on advances in technology in the diamond industry. The Advancements series is an information-based educational show that brings recent advances across numerous industries and economies. Its goal is to spread awareness on cutting-edge developments with the vision to enlighten about how technology and innovation continue to transform our world.

About Diamante Blockchain Consortium

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 USA Patriot Act.

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

Source:http://www.prweb.com/releases/diamante_and_dmg_productions_to_bring_focus_on_blockchain_in_the_diamond_industry/prweb16061215.htm

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