OVERVIEW – description provided by CEDEX
Cedex is setting out to exploit the inherent properties of the Blockchain to address the three fundamental problems that persist in today’s diamond trading markets – lack of transparency, lack of liquidity and lack of fungibility.
The open nature of the Blockchain will help address the first issue, its security will help address the second and its distriibutive nature the third.
CEDEX – CErtified Blockchain-based Diamond EXchange – carries the potential to disrupt the diamond industry through its use of innovative, proprietary solutions which leverage the latest advances in technology – including that of the blockchain.
With CEDEX, the diamond markets become open, transparent and highly liquid, in turn stimulating engagement in the world’s most dependable, under-exploited asset class.