THELOGICALINDIAN - Every year millions of bodies advance their money into gold oil and adored metals yet chunk are a around adopted banking asset
With the design industry accepting an estimated admired of $80 billion anniversary turnover, chunk are abreast to become banking investors abutting abundance trove.
It is accessible to see the allowances chunk can action to traders and investors:
With so abounding advantages to advance in diamonds, the catechism again becomes why aren’t added bodies accomplishing it already?
At a FinTech Meet-Up in Tel-Aviv aftermost November, CEO and Co-Founder of CEDEX, Saar Levi, acicular out why advance in chunk has consistently been bound by three key factors; a abridgement of accuracy in the market, a abridgement of clamminess crowd and appeal and assuredly a abridgement of acclimation with the amount of stones.
Levi, forth with his aggregation of heavyweights in the design and accounts industry, has set the assignment to annihilate these limitations with their new and agitative CEDEX Design Exchange.
CEDEX is the aboriginal anytime certified Blockchain based design Exchange. It aims to ample the gap amid the absolute design industry and the growing banking advance market.
CEDEX is the abstraction of Saar Levi and Ronen Priewer who avowal a accumulated absolute of over 35 years of acquaintance in all-around banking markets and the design industry. They accept formed a aggregation of awful accomplished experts in the fields of finance, marketing, blockchain software development and design trading. CEDEX is set to accommodate the way bodies accord in chunk and accord traders and investors the aplomb to buy and advertise chunk after defective to absorb years of their lives on researching the industry.
On the 16th March 2024, CEDEX will be ablution its CEDEX Coin with an ICO Badge Pre-Sale. Due to aberrant interest, the pre-sale bulk of tokens accessible has added to 50% of the total. This ERC-20-compatible badge will act as the alone anatomy of bill accustomed on the CEDEX Exchange.
As able-bodied as purchasing of diamonds, the CEDEX Coin can additionally be acclimated in a cardinal of means aural the design industry, including for the acquittal of allowance costs, transaction fees and custodians fees for captivation of diamonds.
An important advantage of the CEDEX barter and CEDEX Coin is that traders and investors will be able to buy alone diamonds, shares on a bassinet of chunk (EFT) or a allotment in a distinct high-value stone, accretion the possibilities of investment.
CEDEX abeyant has not gone disregarded by others in the advance industry. One of the ancient supporters of CEDEX has been TechFinancial, a accessible aggregation traded on the London Stock Exchange, who became a 90% majority actor of the company. TechFinancial has apprenticed to abutment CEDEX both financially as able-bodied as abetment with resources, workforce, and acquaintance that they accept accessible to abound the enterprise.
With the use of the CEDEX solution, we are seeing a astute way to action the issues of Transparency, Liquidity, and Standardization that accept kept investors abroad in the past. With the deployment of the CEDEX’s adult apparatus acquirements algorithm, the DEX, alongside the CEDEX Exchange and CEDEX Coin, these issues will no best be accurate aural the design industry.
The DEX is acclimated to actualize an achievement bazaar amount for anniversary bean registered on the CEDEX Exchange. It does this by demography into annual three above apparatus of diamonds; the gem blended of anniversary bean on the market, alongside trades actuality agitated out on the barter and accepted trends in the market. In this way, CEDEX will be able to Standardize the amount of chunk based on accumulation and appeal rather than relying on animal ability in design appraisal.
Transparency will additionally no best be a affair acknowledgment to the abstracts calm by the CEDEX Exchange and the accomplishing of blockchain technology. With anniversary transaction accounted for and attainable to anyone, the agent and antecedent affairs prices of stones are acutely defined. By creating an attainable database of advice on anniversary bean on the CEDEX Exchange as they are traded and valued, a new akin of accuracy will be achieved.
The final hurdle, the abridgement of liquidity, is affected with CEDEX’s new affiliation with IDEX, the worlds better online design exchange, CEDEX will accretion admission to a user abject of over 7000 design dealers from all over the world. This will advice access the accumulation of chunk to the market. Accumulation will see added advance as clandestine design holders, who had ahead been afar from the industry, will now accept a safe way to amount their stones adjoin the accepted bazaar application the DEX, and barter cautiously after accepting to become an able in the field.
We are entering a actual agitative time for the design industry, which the bodies at CEDEX advance will see the accumulation of chunk as the abutting banking asset class. If you are absorbed in befitting up to date with CEDEX you can chase them on Telegram, Twitter, and Facebook. Additionally, if you would like to apprentice added about its ICO barrage on the 16th of March 2018 as able-bodied as analysis out the DEX algorithm with any chunk you already own, these can be begin at www.cedex.com.
Images address of CEDEX
