Blockchain and Diamonds

Diamonds are a good investment for several reasons. More recently, these precious ‘everlasting’ gemstones have already proven their security aspect for investment purposes, as they offer protection against any credit risks of banks or financial institutions, currency fluctuations and inflation.You can discover the diamond industry in absolute transparency with us as your guide . The blockchain technology of crypto currency brings a new level of trust and security to the diamond trading market. "This exciting collaboration builds on upward finance record of delivering advanced technologies to enable a trusted, fair and transparent marketplace for trading diamonds as an investable asset class. This new concept draws on blockchain's distributed ledger capability to demonstrate how we can further instill confidence and convenience for the benefit of diamond investors and financiers." The blockchain technology opens up a plethora of application for diamond market participation, which include enhanced provenance data, increased supply chain security and new risk management tools. Upward Finance Diamond Team offers unparalleled portfolio and risk management services to our registered clients in precious metals, base metals and crypto currency. Our in-depth knowledge and global commodity relationship benefits our clients in securing efficient commodity procurement , logistics and financial security across the globe.

Trade Matching Rules
Upward Finance Diamond Team has implemented standard exchange based technology delivered by MarketGrid Systems. The MarketGrid team have extensive experience in the development of matching engines and automated trading systems for global financial markets. They have developed highly evolved next generation architecture, with the fastest commercially available matching engine that provides complete infrastructure for automated trading including execution, clearing, depository, surveillance and regulatory requirements. Upward Finance Diamond Team employ both continuous matching and negotiated matching in our baskets and single stone products.

Negotiated Matching (Single Stones)
Upward Finance Diamond Team will provide the trading of single stones through an electronically negotiated market with a customized matching methodology. Order books are presented by classes of diamonds characterized by the 4 C’s with multiple individual stones listed for sale, each identified by its own unique GIA Certificate ID.

Continuous Matching (Diamond Baskets)
Upward Finance Diamond Team establish the first continuous price / time priority matching for the diamond industry parallel to other global commodity exchanges. True price discovery will be achieved through real-time full order book depth and market data available to all participants in real time. Automatic matching occurs at the best prevailing bid or offer.