CEDEX ICO details
Start Date: 2018-3-16
End date: 2018-3-25
CEDEX is the first ever Certified Blockchain
CEDEX.com is a global exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets. With its extensive industry knowledge, CEDEX wants to engineer a ground-breaking change – enabling people to liquidate and invest in diamonds like any other financial asset, in a transparent and secure way.
The CEDEX exchange enables anyone to invest in individual diamonds, shares of a high- value stone or shares in a basket of diamonds (ETF). Investors, buyers and sellers have full confidense because the diamond value is transparent, using the DEX, our machine learning algorithm and blockchain technology that rates a diamond’s asking price; liquid because it creates a two- sided market by enhancing both the supply and demand, and standardization because CEDEX creates a unique benchmark value, rate and contract for every stone.
The ultimate objective of the global website cedex.com is to bridge the gap between the traditional diamond industry and the more innovative financial markets. The platform envisions bringing together diamond holders who want to liquidate their holdings and traders looking to diversify or hedge their investment portfolio to include diamonds as an investment asset, and doing so in a secure and transparent way.
CEDEX is built on four pillars: The DEX proprietary technology, blockchain technology, diamond tokenization and the CEDEX Coin.
The CEDEX project uses blockchain technology to tokenize diamonds. In the first phase, Diamond-Smart Contracts will be issued via a simple process initiated once a diamond holder lists a stone for trading. The simple interface will create a smart contract that represents the diamond’s gemological data and additional information to allow the creation of a financial product that represents the underlying asset, i.e., diamonds. As the blockchain-based CEDEX ecosystem evolves, we anticipate the diamond ecosystem will adopt Diamond-Smart Contracts as the new means of trading diamonds.