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red diamonds – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 23 Aug 2018 09:30:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png red diamonds – DIGIT INFO https://www.digit.info 32 32 PR: The New Era of Jewellery Pioneered By The Pure Diamond Blockchain Project https://www.digit.info/pr-the-new-era-of-jewellery-pioneered-by-the-pure-diamond-blockchain-project/ Thu, 23 Aug 2018 09:30:55 +0000 https://www.digit.info/2018/08/23/pr-the-new-era-of-jewellery-pioneered-by-the-pure-diamond-blockchain-project/ Read more]]>

PR: The New Era of Jewellery Pioneered By The Pure Diamond Blockchain ProjectThe innovative Singaporean based Pure Diamond Blockchain Project is founded with the aim to distribute Japanese laboratory (lab)-grown diamonds worldwide. At the core of the Pure Diamond Blockchain Project is the cryptocurrency Pure Diamond Coin (PDC).

PDC is a cryptocurrency that is ‘pegged’ or ‘linked’ with the generation of lab-grown diamonds. This association of PDC and a collateral ensures that the value of the token is more stable and less likely to face large fluctuations. Overtime as more lab-grown diamonds are cultivated, the value of the token is expected to steadily increase. For instance, in its first year if 100 lab-grown diamonds are cultivated then one token would be valued at 100 lab-grown diamonds. In its second year 200 lab-grown diamonds are cultivated, so the valuation of the PDC token would be 200 lab-grown diamonds.

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