Diamante Net
Diamante Network is a safe and secure decentralized blockchain network. It enables one to move assets and settle payments and facilitates real-time value across the Diamante ecosystem. Our customers will also get access to our native digital asset – DIAM, to conduct digital transactions around the world.
DIAMANTE NET WHITEPAPER
What Makes Us Unique?
“The digital asset for our digital future – DIAM”
DIAM forms the medium to access the Diamante ecosystem. It has been recognized as a utility token by FINMA, the Swiss Financial Market Supervisory Authority. Global banks, currency exchanges, payment service providers, corporate houses, and E-commerce merchants accept DIAM.
DIAM will be used as an access token, granting users access to the ecosystem and platform of products and services. All transactions, financial, or document transfer will see a certain amount of DIAM burned catering to its anti-spam mechanism on to the network. The utility of DIAM will be seen increasing as various applications would be built on Diamante Net.
Diamante Net dApps
PayCircle
Borderless money for the borderless economy. Custody, send, and receive multi-currency Fiat and digital assets globally.
CreditCircle
Lend. Borrow. Grow. CreditCircle enables P2P lending, connecting individuals, and financial institutions without borders.
Why DIAM?
Real-Time Settlement
DIAM settles payments in 2-4 seconds in a 1000+ node environment.
DIAM
Ethereum
Bitcoin
Hyperledger Fabric
Corda
Sawtooth Lake
Traditional Settlements
Scalable
DIAM can handle 3000 concurrent transactions (transactions per second) and 100+ million transactions a day. At 75,000 transactions per second, the network scalability exceeded the throughput of current payment networks such as Visa, in a test environment, with the implementation of SegWit.
DIAM
3000 TPS
Ethereum
15 TPS
Bitcoin
3-7 TPS
Wide Acceptance
Diamante ecosystem will provide a global payments solution used by global banks, currency exchanges, payment service providers, corporate houses, and e-commerce merchants.
Banks
Currency Exchange
PSP
Corporate houses
E-commerce Merchants
Diamante Net Stats
Ledger Close
Time
4.97
Seconds
Network Transaction
Fee
0.0000024
USD
Transactions
Per Second
0.07
TPS*
DIAM Insights
Privacy Enabled
Enhanced security feature to protect users’ identities and activities concealed.
Trusted and Secure
Conceals identity with a high-end security system at every stage of the transaction.
Growing Community
Broader business universe with a strong sense of global community.
CreditCircle
Relatively low-interest loans and line of credits through the DeFi finance platform.
PayCircle
High-speed and low-cost multi-currency Fiat and digital asset transactions.
Scalable
7500+ Concurrent transactions (transactions per second) and 100+ million transactions a day.
Competitive Advantage
Blockchain Infrastructure
Decentralized blockchain technology with ownership, and immutability of data.
Scalable and Faster
Faster, accurate, and efficient operations.
Global System and Secure
Absolute trust while maintaining the privacy and confidentiality of the sensitive data.
Low-Cost and Rewarding
Traceable, lower cost, and faster remittances against fraudulent activities.
Publicly Tradable
Genuine and seamless flow of transactions with high security of data.
Payment Network
Innovative and faster global payments with a secure recordkeeping network.
DIAM Distribution
Road Map
Q1–2018
Diamante Blockchain envisioned and execution plan designed.
Q2–2018
Technical requirements validated, system architecture designed and development initiated.
Q3–2018
Strategic partnerships, consortium formation, and compliance frameworks established.
Q4–2018
Consortium open to industry participants and system architecture designed for the corporate payments solution.
Q1–2019
PayCircle technical developments initiated and whitepaper drafted and reviewed by experts and universities.
Q2–2019
Ecosystem compliance and revenue model mapped, consortium signing initiated.
Q3–2019
Financial projections, business plan, strategy and company valuation completed by auditors.
Q4–2019
Strategic partnerships with banking experts established, system mapping of PayCircle (POC) commences.
Q1–2020
Corporate payments POC initiated in a testing phase, first round of funding completed with US $780,000.
Q2–2020
Demonstration of the utility of the DIAM across the ecosystem and application submission for the FINMA no-action letter
Q3–2020
Received No-action letter from FINMA recognizing DIAM as a utility token. Corporate payments POC pilot initiated.
Q4–2020
Paycircle POC launched and initiated the development of PayCircle.
Q1–2021
PayCircle to conduct Pilot Testing.
Q2–2021
PayCircle to go live in production phase, initiation of DIAM allocation and distribution.
Q3–2021
Soft launch of PayCircle and aiming to deploy NFT marketplace.
Q4–2021
PayCircle is live in the beta version for market review and feedback.
Our Strategic Partners
Our Global Media Coverage
