TechFinancials is currently incubating the Cedex project, an initiative that transforms diamonds into a new financial asset class.
We have provided the revolutionary blockchain and artificial neural network technologies behind the DEX, the proprietary algorithm that rates diamonds based on their relative market value. Our experienced team of software, finance, and online marketing technology developers are providing essential infrastructure and development services for creating the trading technology, alongside the CEDEX team. TechFinancials has provided the financing for the project by way of a loan, for which it was granted an option to be the holder of 90% of the CEDEX project.
CEDEX.com is a global exchange that focuses on bridging the gap between the traditional diamond industry and the online financial markets. CEDEX is engineering a ground-breaking change, enabling people to liquidate and invest in diamonds like any other financial asset, in a transparent and secure way.
The CEDEX Exchange will enable anyone to invest in individual diamonds, shares of a high-value stone or shares in a basket of diamonds (ETF). Traders can buy and sell with full confidence, even without prior knowledge of diamond trading.