Category Archives: diamonds

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Blockchain-Powered Brand KIM Diamond Announces Flagship Store and Selene Moon Goddess Jewelry Line

21st September 2020, Chengdu, China KIM Diamond is a China-based, blockchain powered Fintech jewelry brand that focuses on sourcing loose diamonds from mines for making exquisite jewelry pieces. The brand was unveiled in Chengdu on September 16, 2020, and announced its Selene Moon Goddess line along with the KIM blockchain technology. 

The press conference took place at ‘Top 10 ULI prize winning hotel’ The Temple House, and was attended by hundreds of fashionistas, VIPs, Diamond mining figure-heads, and other distinguished design industry guests. 

The prestigious KIM event included multiple product announcements, and a signing ceremony of upstream mineral resources, witnessed by industry leaders like LU LINLIN, (KIM brand founder), and EVA FOO. (diamond system partner SCRY founder) 

In addition to the presentation of the Selene series, a one-carat pink diamond was cut and chained live at the venue, and then auctioned off for a price of 500,000 Yen to an undisclosed bidder.  

KIM is the world’s first financial jewelry brand that integrates loose diamond mineral resources with entity jewelry stores throughout the entire process, all governed by blockchain technology. This will bring transparency, and accountability to the whole process, preventing any chance of illicit activity throughout the process. 

KIM’s on-chain information will soon be viewable in any smart chip system. Additionally, KIM provides services to directly purchase loose diamond assets in the market and will further expand the multi-party cooperation with diamonds in different cities around the globe. 

The combination of KIM jewelry and blockchain brings new transparency and unique data recording value to the consumer market. Each consumer can write their own memorable message on the diamond blockchain that can always be viewed, solidifying their sentiment for years to come. 

The KIM flagship jewelry store is located in Chengdu, China, and offers clients various diamonds, which can be used for beautiful custom jewelry inlays. In addition to loose diamonds KIM also offers engagement rings, wedding rings, select jewelry pieces, and custom made pieces. 

Check out the KIM official site for a unique piece of jewelry for that special someone today! 

For more information about KIM, please visithttps://kimdiamond.cn/.

 

Media Contact Details

Contact name: Kim Dimond

Email: [email protected]

 

KIM Jewelry is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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iCoin International Taking Blockchain and AI to Real Diamond Mining

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Blockchain-based platform iCoin International is embarking on an initiative to create a whole new economy for the diamond mining industry, keen on shedding its former reputation of inefficiency and lack of transparency, taking the sector to new heights of development.

Diamonds are one of the most sought-after gems in the world. Commonly used for the production of aesthetic jewelry and in manufacturing thanks to its well-known physical properties of being one of the hardest naturally-occurring substances in existence, these precious stones come at a high price. A lack of a proper monitoring infrastructure throughout its production has led to dubious sourcing and ineffective mining and distribution, with a general lack of transparency throughout. 

iCoin International aims to tackle this issue head on, using the innovative tech of blockchain and AI to bring about a renewed diamond mining industry where immutable records on blockchain and a clear sourcing path will lead to a new age of speed, efficiency and transparency. 

iCoin International is owned by the Millenium Mining Corporation located in Freetown, Sierra Leone, long known for its precious stone industry. Last year, the company exported USD 150 million in diamonds, with geological surveys in the slow-flowing Baimbawai Pool in the Sewa River showing estimates of up to 1.5 million cubic meters of diamond-bearing gravel that ranges from 0.2 to 0.5 carat per cubic meter — in essence, a potential of some 200,000 to 750,000 carats of diamonds. 

Through tokenization, a monitoring and auditing system operating in real time will help build a trustless network on a blockchain platform, with opportunities for corruption of data duplication virtually non-existent. Every diamond extracted will have a timestamp on the blockchain, allowing it to be traced throughout the supply chain. Smart contracts will also provide instant automatic transactions on an open distributed ledger that will ensure transparency for all financial transactions. 

iCoin’s utility token will serve as a currency to purchase diamond merchandise on its official website, whereby profits will be used back into the iCoin market to grow the platform further

The predicted valuation is a 5,000% return on value growth over the five years prior to the launch. The blockchain diamond mining operations will be monetized through the ERC20 native token of the iCoin platform. Traders and investors can now book their early spots via an IEO event on the LATOKEN exchange. The tokens will be released once the event is over allowing the chance for early backers to trade, use a medium of exchange or hold for profit.

Backers can get tokens at LAToken.com exchange using BTC, ETH or USD. The tokens will be released once the event is over allowing the chance to trade, use a medium of exchange or hold for profit. 

Millennium Mining Corporation has confirmed it will offer a buy-back program for iCoin tokens at the market price rate one year after the IEO launch. In the secondary market, the token will be available to trade with additional ERC20 tokens. 

With this new initiative, the diamond mining industry will thrive and a whole new economy will come into force with the merging of decentralized technology and artificial intelligence. In the foreseeable future, Millennium Mining Corporation has expressed a plan to launch into other natural resource markets, thereby expanding its base of operation according to a set timeline.

To learn more about the unique opportunity to disrupt and profit from real diamond mining, visit the iCoin website.

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