CEDEX!

CEDEX - CERTIFIED BLOCKCHAIN BASED DIAMOND EXCHANGE
Transforming Diamonds into a New Asset Class

CEDEX as the future global exchange for investment in diamonds. In contrast to other commodities, such as gold, it is difficult to achieve uniform pricing characteristics for diamonds since they are not fungible. One carat of diamonds is not equal to another carat due to many countless combinations of characteristics.

The CEDEX Exchange enables anyone to invest in individual diamonds, shares of a high-value stone or shares in a basket of diamonds (ETF).

Traders can have full confidence in buying and selling, even without prior knowledge of diamond trading.
Thanks to the DEX, our machine learning algorithm, and blockchain technology that rates a diamond’s asking price, the value of any diamond listed on the Exchange is completely transparent; liquid because it creates a two-sided market by enhancing both the supply and demand and standardized because CEDEX creates a unique benchmark value, rate and smart contract for every stone.

An alpha version of the DEX is already available on www.cedex.com for 0.3- 0.5- and 1-carat round diamonds. To maximize accuracy, CEDEX is developing the DEX towards pricing additional types of diamonds. The accumulated data is continuously analyzed and supplied to the pricing algorithm. The DEX has the goal of pricing any certified diamond at an accuracy rate of more than 99.5%.

The DEX, our proprietary machine-learning algorithm, has been created to bring transparency and coherency to the diamond financial market. The DEX comprises three main elements: the gem composite, which represents a diamond’s gemological perfection; the parallel composite indicating the rarity of a diamond category and the indices composite, giving potential traders market directions for the diamond industry. Diamonds are onboarded to CEDEX and classified by categories. The DEX has been designed to incorporate artificial neural network technology using all available diamond data.

Site https://cedex.com/

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Whitepapper https://cedex.com/img/Whitepaper.pdf

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