CEDEX (CEDEX) ICO review
By removing the three main obstacles (lack of transparency, liquidity and fungibility) the 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.
CEDEX.com is a global exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets. With its extensive industry knowledge, CEDEX wants to engineer a ground-breaking change – enabling people to liquidate and invest in diamonds like any other financial asset, in a transparent and secure way.
The CEDEX exchange enables anyone to invest in individual diamonds, shares of a high- value stone or shares in a basket of diamonds (ETF). Investors, buyers and sellers have full confidense because the diamond value is transparent, using the DEX, our machine learning algorithm and blockchain technology that rates a diamond’s asking price; liquid because it creates a two- sided market by enhancing both the supply and demand, and standardization because CEDEX creates a unique benchmark value, rate and contract for every stone.