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Digitalized infinity: Engineers present blockchain technology to verify natural diamonds
Mon, 18 Feb 2019 05:59:48 EST
Members of the Russian startup Bitcarat.com, graduates of the National University of Science and Technology, have commercialized a unique technology aimed at verifying and tracing natural diamonds. The method is based on blockchain technology. In a situation where natural, synthetic and fake stones exist in the diamond market, the system could protect the financial assets of market participants and fully guarantee the authenticity of diamonds. Participants plan to launch a security token offering within one year.
