The innovative Singaporean based Pure Diamond Blockchain Project is founded with the aim to distribute Japanese laboratory (lab)-grown diamonds worldwide. At the core of the Pure Diamond Blockchain Project is the cryptocurrency Pure Diamond Coin (PDC).
PDC is a cryptocurrency that is ‘pegged’ or ‘linked’ with the generation of lab-grown diamonds. This association of PDC and a collateral ensures that the value of the token is more stable and less likely to face large fluctuations. Overtime as more lab-grown diamonds are cultivated, the value of the token is expected to steadily increase. For instance, in its first year if 100 lab-grown diamonds are cultivated then one token would be valued at 100 lab-grown diamonds. In its second year 200 lab-grown diamonds are cultivated, so the valuation of the PDC token would be 200 lab-grown diamonds.
The post PR: The New Era of Jewellery Pioneered By The Pure Diamond Blockchain Project appeared first on Bitcoin News.
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