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The fact that only authentic and certified diamonds will be listed on the DiaEx Diamond Exchange, implies that buyers need not worry about fake or synthetic diamonds. With no role to play for brokers and middlemen, challenges like price inflation and cloaking will be eliminated. Access to thousands of listed diamonds competing for a market share will, work to the advantage of the buyer. Buyers settle payments using the GTN crypto token, the process is simpler and quicker.
Once approved, sellers both big and small and irrespective of their geographic location, can list their certified diamonds on DiaEx Diamond exchange . The platform will attract genuinely interested buyers as, brokers and other middlemen men will have no role to play on this diamond exchange. Payment settlements will be smoothly conducted using the GTN crypto token thereby, removing the dependence on cumbersome banking procedures