CEDEX

CEDEX

This is a certified block chain based diamond exchange platform that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets

PROS:

• The CEDEX exchange enables anyone to invest in  individual  diamonds ,shares of high value or shares of basket diamonds even without prior knowledge  of diamond trading  with full confidence
• The platform ensures that the diamond listed on exchange is completely transparent through the DEX which the platforms machine learning algorithm that utilizes the global diamond inventory data  and quantifies the diamond prices , ranking the individual diamonds with their respective prices
• The diamond tokenization enables private diamond holders and dealers to liquidate their holdings by the use of CEDEX tokenization on boarding process to create a smart contract  which include financial offerings  and diamond baskets sold to multiple traders  hence reducing the additional  transportation and insurance cost
• The diamond smart contracts enables the secure storage of  documents on diamond origin and transactions  without any access of unauthorized parties thereby providing a transparent registry of the underlying diamond history
• The platform enables peer to peer(P2P)  transaction of diamond without the involvement of any third party which is faster and efficient
• The CEDEX coin enables crypto currency  traders and holders to easily buy diamonds and its use saves the cost of fiat currency
• The team comprises of well experienced members with adequate strength to execute the project implementation with the assistance of the  CEO and the Co-founder   Saar Levi who has  over 15 years of experience in global financial markets
• The platform whitepaper is properly detailed  highlighting the platform importance key  pillars that transforms the diamond industry through the use of CEDEX coin

CONS:

• The platform use is restricted in other areas where the white paper has not been formulated
• The use of CEDEX token doesn’t  provide the holders with more incentives derived from its use

SUGGESTIONS:

• The platform whitepaper translation should involve qualified international translators promoting its use in restricted areas
• The use of CEDEX coin should  provide more incentives to the token holders by giving them more legal  right in the company

NOTE:

The diamond industry has faced different challenges due constant price variation. The use of this platform through the DEX token pillar enables the platform to rank each diamond with their respective prices making it viable to the current economy. I would invest in the platform

The world of diamond trading is a rather obscure and remote concept for most people, and what we do know stems from James Bond movies or murder mystery serials. In reality, only those who own substantial wealth and have significant financial clout have hopes of getting involved in owning or trading precious stones.

CEDEX offers a novel idea, a marketplace where more regular people can buy or trade
in diamonds. The concept is neat, yet many might be afraid to dip their toes into a market traditionally considered as elitist.

This ICO deserves a chance, if only to prove once and for all that diamonds are in fact forever, this time perpetuated by the blockchain.

Recently in the market with an enviable regularity projects offering investments into gold, diamonds, bananas etc. are appearing based on the blockchain technology.

Each project guarantees reliability, liquidity, profitability, etc.

The last example has become rather sad for 3,200 investors in the Bitcoin Gold project. They lost literally in one night from November 13 to 14 2017, more than $2.5 million due to the scammers. The initiative group of investors accused the authors of the project in complicity with the scammers, believing that it was the authors of the project who provided scammers with all the data to withdraw funds from the project. But when the project was advertised the main message was that the project's tokens are guaranteed by gold and this as you know is very reliable. But as it turned out, is not so reliable compared to the usual investment in gold using traditional investment channels for example hedge funds.

Certainly the authors of the Cedex project are respected people and qualified specialists. In this regard you do not have to worry.

But on the other hand investments in diamonds on the Cedex exchange suggest using surrogates of fiat money - CEDEX Coin tokens. And what will prevent intruders from withdrawing investors' assets when an appropriate case occurs? Nothing will stand in the way.

Thus, it is not important what the authors of the project offer for investing - gold, diamonds, furs, black caviar or bananas. In any case, investments will be risky because there is nothing eternal in this world.

Cedex wants to transform diamonds into a new asset class built on blockchain technology. You can use Cedex to view ratings information for diamonds, then invest in diamonds in a transparent way. Cedex opens up new investment opportunities, like the ability to invest in diamond-based ETF-style investment vehicles, or the ability to buy shares in high-value diamonds.

Are diamonds a girls best friend? How do we avoid blood diamond? These are all questions and challenges that this ICO could help to solve - it is potentially a good example of a use case where blockchain is an ideal partner. Team looks good - though listing the same advisor twice seems a little over enthusiastic? Overall will be an interesting one to watch.