The ecosystem of D1 Coin consists of Coin Owners, D1 Mint, D1 Reserve, and Diamond Suppliers. The D1 Mint and Diamond Suppliers are overseen and appointed by D1 Reserve, which also acts as a custodian by holding the diamond inventory. D1 Mint issues D1 Coins to Coin Owners, who can purchase and redeem diamonds from D1 Mint. D1 Mint functions as the central party in the D1 ecosystem coordinating the flow of D1 Coins, diamonds, and fiat currency.
WHY TOKENIZE DIAMONDS?
Combining complementary strengths of diamonds and blockchain to overcome limitations of each asset class.