Cedex, aiming to create a new financial asset class - Diamonds

CEDEX is a token based on ERC-20, CEDEX envisions a world where anyone across the globe can use our platform to freely buy and sell diamonds by using the CEDEX coin, without having to be an established trader or firm within the diamond industry
Diamonds are beautiful, expensive and preserve value. While diamonds have the potential to be an excellent
investment vehicle, there is currently no way to invest in them. Given the current structure of the marketplace with
traditional diamond exchanges only allowing access to member dealers (B2B) – there is no mechanism for
non-professionals to sell diamonds at fair market value. Historically, diamonds have held their value well, without suffering the volatility of other investment markets. As diamonds become increasingly scarce, prices are likely to increase over the coming decades.
By removing three main obstacles (lack of transparency, liquidity and fungibility) CEDEX (CErtified Blockchain
Based Diamond EXchange) will disrupt the way diamonds are currently perceived. Using innovative propriety
technological solutions – including emerging blockchain technology – CEDEX will create an open and transparent
marketplace in which anyone will be able to liquidate diamonds or invest in diamonds as a new financial asset class.