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Advancements with Ted Danson to Explore Innovative Diamond Blockchain Network

DMG Productions explores developments in blockchain technology.


News provided by

Advancements

Dec 12, 2018, 07:00 ET

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JUPITER, Fla., Dec. 12, 2018 /PRNewswire-PRWeb/ -- The award-winning producers behind Advancements with Ted Danson are proud to announce an upcoming episode, focused on advances in technology, as it pertains to the diamond supply chain. This segment is scheduled to broadcast 2nd QTR 2019 via CNBC. Check your local listings for more information.

Advancements will focus on Diamante Blockchain (Diamante), a universal platform that deals with the most reliable diamond supply chain technology. With an extremely high-end security system at every stage of the supply chain, diamonds are traced through the entire supply chain, from its mine of origin to the end product.

"The impact of blockchain in the diamond industry goes beyond just modernizing supply chain technology," explains Mr. Dinesh Patel, CEO of Diamante.

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In this segment, viewers will learn how Diamante uses the blockchain network to provide exceptional jewelry, transparency, consistency, and quality assurance, in a cost-effective manner.

"The impact of blockchain in the diamond industry goes beyond just modernizing supply chain technology," explains Mr. Dinesh Patel, CEO of Diamante. "Of course, the properties of transparency, security, and immutability have revolutionized provenance tracking of diamonds, but it has also opened up scope of establishing the authenticity of trade and transaction within a blockchain network. The records of the transactions within the consortium will be maintained and confined within the terms of trade privacy, while simultaneously remaining available for future audits and verifications. Diamante Blockchain is honored to be a part of Advancements with Ted Danson, and we hope to broaden awareness of the need of DLT in the diamond industry through this platform."

"The Diamante network's universal platform provides the most integrated and reliable diamond supply chain technology to its users," said Michael Devine, senior producer and content development lead for the Advancements series. "This is a game-changing technology and we look forward to exploring it on our show."

About Diamante Blockchain:
Diamante Blockchain LLC, the USA-based diamond consortium is a one-stop destination for result-based diamond supply chain management. The consortium provides a unified marketplace for players across the diamond industry - from mining companies, diamond manufacturers, jewelry manufacturers, traders, certifiers, wholesalers, retailers, and end-customers. Built on Distributed Ledger Technology, Diamante Blockchain promises its clients and members complete transparency, assured quality, and cost-effectiveness in trade and transactions within its network.

The Diamante Consortium makes for an ecosystem where its members can obtain a line of credit with ease. It provides a first-of-its-kind marketplace for the Gem and Jewelry industry where trade is established through smart contracts. The consortium operates in compliance with Kimberly Certified norms, Anti-money laundering (AML), and USA Patriot Act. Diamante Blockchain Consortium uses DIAM – its native digital asset – to carry out transactions and trade in its blockchain network. For more information, visit: http://www.diamanteblockchain.com.

About Advancements and DMG Productions:
The Advancements series is an information-based educational show targeting recent advances across a number of industries and economies. Featuring state-of-the-art solutions and important issues facing today's consumers and business professionals, Advancements focuses on cutting-edge developments, and brings this information to the public with the vision to enlighten about how technology and innovation continue to transform our world.

Backed by experts in various fields, DMG Productions is dedicated to education and advancement, and to consistently producing commercial-free, educational programming on which both viewers and networks depend. For more info, please visit: AdvancementsTV.com.

SOURCE Advancements

Related Links

http://AdvancementsTV.com

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