The diamond trade has benefited from innovation due to Cormac Kinney, founder, and CEO of Diamond Commonplace.
Diamonds are finally made fungible by the Diamond Commonplace Coin, which is made out of diamonds acquired from everywhere in the world by way of an digital change with a market maker to drive worth discovery.
The worth of the diamonds is set by bids and trades moderately than worth estimations.
The market units the worth of the usual cash day-after-day, identical to it does for gold.
Prior to now, diamond costs have performed higher in unsure occasions than equities, bonds, and different commodities since they’re unrelated to those belongings.
It is the best second.
Diamond costs are nearly at an all-time low whereas gold (and shares) are at report highs.
Diamonds have gotten a fascinating asset.
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