Designed by jeweler Peter Aloisson and released in 2006, the Diamond Crypto Smartphone was created to provide “powerful encryption technology”, according to its creators. The phone uses Windows CE as its main operating system.
Are diamonds a productive asset?
Its founder, Cormac Kinney, set out to solve the issues that prevented diamonds from being a productive asset — the lack of price discovery, transparency, and liquidity, and the high transaction costs. Previously, there was too much friction for investors to invest in diamonds, but it appears if that is all about to change.
What is DMD Diamond coin?
It's a layer-1 blockchain, with a finite maximum supply of 4.38 million coins in circulation. DMD diamond coin is three times scarcer than Bitcoin and the list of trading platforms for buying or selling the coin is available on the official website and coinmarketcap.
