Zhongan Technology launches the world’s first blockchain diamond trading platform

Recently, Zhongan Technology, a wholly-owned subsidiary of Zhongan Insurance, announced the establishment of a joint venture called Shanghai Ding Diamond Information Technology Co., Ltd., with its partner in the same business ecosystem Shanghai EDIAMS Technology, to jointly launch the world’s first blockchain diamond traceability and trading platform.

Recently, Zhongan Technology, a wholly-owned subsidiary of Zhongan Insurance, announced the establishment of a joint venture called Shanghai Ding Diamond Information Technology Co., Ltd., with its partner in the same business ecosystem Shanghai EDIAMS Technology, to jointly launch the world’s first blockchain diamond traceability and trading platform.

With the blockchain technology anti-counterfeiting traceability of Zhongan Technology, diamonds entering this platform can obtain a unique global block chain “electronic ID card”-diamond traceability certificate on the basis of traditional GIA, NGTC and other certificates.

The certificate can truly record all the information from mining to trading of diamonds, and realize the “double insurance” of “traditional certificate + electronic ID card”.

According to Li Xuefeng, CTO of Zhongan Technology, Zhongan Technology will reconstruct the diamond supply chain based on the Anlianyun (anlink) platform, explore the innovative value of “blockchain + diamond”, and accelerate the application of blockchain technology in the field of luxury goods such as diamonds.

The platform will also further integrate the diamond industry chain resources, through intelligent image recognition, intelligent process automation and other technical means to reduce diamond transaction costs and improve circulation efficiency.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/05/zhongan-technology-launches-the-world-s-first-blockchain-diamond-trading-platform/.

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