Carats Key Features

Diamond Standard Carats are a divisible cryptographic token, that is:

  1. an electronic document of title for a portion of a specific physical, fungible, and market-traded natural diamond commodity that features integrated audit, authentication and blockchain technology, that is held in the vault of an approved, insured, and decentralized global custodian,

  2. issued only upon the electronic audit of the chip inside the commodities, and therefore the supply is controlled not by a sponsor, but by commodity owners,

  3. issuable and transactable peer-to-peer on many public or private networks, with the same underlying value proportional to that of a whole commodity,

  4. instantly redeemable into private ownership and subsequent physical possession of a Diamond Standard commodity, upon returning a sufficient number of Carats to the Smart Contract that manages custody.

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