September 11, 2017 BY admin

Israel Diamond Exchange and Carats.IO to launch diamond backed digital currency

The Israel Diamond Exchange (IDE) has signed an agreement with start-up CARATS.IO to launch a digital currency backed by diamonds named CDC – Carats.IO Diamond Currency. The start-up specializes in Big Data solutions for the precious gems and diamond industries. The new digital currency will be based solely on investments in diamonds purchased at the Israel Diamond…

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