Last week, Russia’s Ministry of Education and Science introduced a blockchain-enabled platform for tracking diamonds. Indeed, blockchain has been bringing… read more
What is Gems?
Gems will leverage the blockchain technology to disincentivize malicious actors and reward fair players featuring a staking mechanism to ensure task completion, a trust mechanism to track worker integrity, and a payment system to reduce transaction fees. Gems token (GEM) will be used as the utility token within the platform. Gems is a human task crowdsourcing protocol based on the Ethereum blockchain.
Two leading diamond industry players have agreed to work with blockchain startup D1 Mint Limited to tokenize diamonds, according to… read more
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