E=MC² for #diamonds: Creating universal access to the diamond industry with open-sourced #algorithms…
▻https://hackernoon.com/e-mc%C2%B2-for-diamonds-creating-universal-access-to-the-diamond-industr
E=MC² for Diamonds: Creating universal access to the diamond industry with open-sourced algorithms and self-sovereign identityKeeping too many secrets and a lack of good math has held the investment diamonds business back for centuries, until nowValuing investment diamonds is not easy… and the experts obviously don’t want you to know the price either.Canaries in a diamond mine — Recent efforts in the path to diamond fungibility has been an accumulation of counter-party risk, often causing centralized efforts to fall short and consistently missing basic features of a financial product. Some of these initiatives include basket vehicles and funds, slightly easier matching-trading interface or narrow specifications of the underlying for “futures” trading, yet diamond experts still mutually agree (...)