Thursday, January 24, 2019
News
NEWS HOME
»
PRESS RELEASES

CORRECTING and REPLACING Pure Diamond Block Chain Technology - Jewelry Industry's New Groundbreaking Innovation
  SocialTwist Tell-a-Friend  
   


Date: 07-09-2018 11:05AM
Source: Pure Diamond Farm Singapore
Category: Business/ Finance, Technology, General, Lifestyle, Cyber Security, Information Technology, Banking & Financial Services, Commodities And Materials, Mining Companies, Retailers, Technology
Location: TOKYO, Japan

Business Wire India

Please replace the release dated August 22, 2018, with the following corrected version due to multiple revisions.

The corrected release reads:

PURE DIAMOND BLOCK CHAIN TECHNOLOGY - JEWELRY INDUSTRY'S NEW GROUNDBREAKING INNOVATION

The global jewelry industry has its eyes on a new Japanese innovation - lab-grown diamonds which are chemically, physically and optically identical to natural diamonds.

Pure Diamond Lab, a Tokyo-based company, is able to cultivate diamonds which have identical qualities of natural-occurring ones and therefore qualify to be certified by the GIA (Gemological Institution of America). These diamonds are grown in a controlled environment of the company’s laboratories using pure carbon material, giving birth to a breed of ‘flawless’ lab-grown diamonds which exhibit optical properties superior to natural ones. Diamonds can be cultivated in a wide spectrum of colors including ones that do not occur naturally, which could instantly overturn the market of, for example, extremely rare red and blue diamonds.

A major distinguishing factor that sets apart Pure Diamond Co. Ltd. from their competitors is their development of a Block Chain technology for the diamond market. Information on cultivation, refinement and appraisal of lab-grown diamond is collected and digitalized, creating a profile that is available to the end consumer, thus increasing transparency and enhancing the retail experience. It just so happens that the CTO of the Pure Diamond Block Chain project, Mr. Jun Kawasaki is the famous ’White Hat’ hacker that solved Coincheck’s 500 million NEM hack in January. Mr. Kawasaki believes that the Pure Diamond Block Chain development project is “the correct way to use Block Chain,” and Pure Diamond Lab’s producer Mr. Hideyuki Abe adds the technology “gives every diamond a story.”

Lab-grown diamonds such as those cultivated by Pure Diamond Lab are also reshaping the global diamond industry to become more sustainable and ethical. Cultivating diamonds in a laboratory environment relieves the pressure of demand on diamond mines, which is a threat to the environment. Moreover, Pure Diamond Block Chain technology helps prevent the distribution of so-called ‘blood diamonds,’ i.e. diamonds mined in war zones and sold to finance further conflicts.

To expand the lab-grown diamond project, the company plans to use the ICO of Pure Diamond Coin (PDC), a cryptocurrency secured by Pure Diamond Farm Singapore to fund equipment and R&D. Furthermore, the company is currently in the final stages of intellectual property registration, which is expected to further strengthen their foothold in the lab-grown diamond industry. The aim is to change the future of the diamond industry step by step, which makes the Pure Diamond Block Chain project an exciting one to watch out for.

http://purediamond-ico.com/



CONTACTS :

Pure Diamond Farm Singapore
Chris yang
contact@purediamond-ico.com

More Press Releases

Velodyne Lidar and YellowScan Lead Drone Surveying Market for Highway Capacity Expansion

PMI Among Elite Group of Companies to Score A for Climate Change

Tips to Increase Your Odds of Winning the Lottery

GSMA Announces Nominees for 2019 GLOMO Awards

Wipro Ranked Third Fastest Growing Global IT Services Brand in 2019

Y Analytics Launches to Bring Together Capital and Research for Good

Yokogawa Joins Global 100 Most Sustainable Corporations in the World Index

Corsair Infrastructure Partners Announces Transaction Involving DP World Australia

PMI Explores Global Public Health Issues in New White Paper

Happay Wins the Coveted CIO CHOICE Recognition for Travel and Expense Management Category

IBE Announces Nominations for India Property Awards 2018 - 2019

Toshiba Memory Corporation Unveils Industry's First UFS Ver. 3.0 Embedded Flash Memory Devices

Surani Steel Tubes Limited to Enter Capital Market on 25th January 2019

Citi Announces Inaugural Green Bond Issuance

Prominent Trade Consulting Firm in South Korea Switches to Rimini Street Support for Its Oracle Database

V-CAT to Begin a New Type of Crowdfunding, Using Digital Currency

Värde Partners Names New Partners, Additional Deputy CIO

Thomas Cook Partners With Netcore's Smartech to Boost Push Notification Delivery by 44 Percent, CTR by 63 Percent, and Campaign Revenues by 2.5X

QuikrHomes Hosted Realty Awards 2019

Andersen Global Announces Collaboration with Budapest Law Firm

800 Kilometers Alone across the Largest Freshwater Lake in the World: BWT Supports Extreme Athlete Ernst Bromeis on his Spectacular Swimming Expedition for Environmental Protection

Bollywood Actress Dia Mirza Felicitates Winners At India Achievers Awards - 2019

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Mallikarjun Kharge to lead Maharashtra C...
PESO official caught by CBI for taking b...
Nitin Gadkari attacks Congress for faili...
Snatch voting rights, govt jobs of peopl...
Congress to go alone in Andhra Pradesh...
Assault case filed against Karnataka Con...
More...    
 
 Top Stories
'Code Blue' in Berlin Film Festival... 
Indian Diplomat launches bilingual ... 
Mallikarjun Kharge to lead Maharash... 
Venezuela: Trump recognises Juan Gu... 
Nitin Gadkari attacks Congress for ... 
Snatch voting rights, govt jobs of ... 
Trump says to deliver state of unio... 
Tata Motors launches SUV 'Harrier'...