About
CEDEX is a global exchange that focuses on bridging the gap between the traditional diamond industry and financial markets. The CEDEX exchange allows anyone to invest in individual diamonds, share a high-value stone, and even invest in a basket of diamonds (ETF). The DEX is the companys machine learning algorithm that rates a diamonds asking price. The DEX comprises three main elements: gemological composition of individual diamonds listed on CEDEX, diamond market financial indices, and global inventory analysis. Diamonds are onboarded to CEDEX and classified by category. The DEX has been designed to incorporate artificial neural network technology using all available diamond data. Once a diamond is uploaded to the CEDEX exchange, blockchain technology is used to track its location and status at any given point from seller to custodian to buyer and also insures that no duplicate transactions can take place.
Q&A
- What is CEDEX's primary business?
- CEDEX is a global exchange that uses blockchain technology to bridge the gap between the traditional diamond industry and financial markets, allowing investment in individual diamonds, shared high-value stones, and diamond ETFs.
- When was CEDEX founded?
- CEDEX was founded in January 2017.
- What is the current status of CEDEX?
- CEDEX is currently inactive, having ceased operations in October 2022.
- What technology does CEDEX utilize for its diamond exchange?
- CEDEX utilizes blockchain technology to track the location and status of diamonds from seller to custodian to buyer, ensuring no duplicate transactions.
- What is the DEX algorithm used by CEDEX?
- The DEX is CEDEX's machine learning algorithm that rates a diamond's asking price by analyzing its gemological composition, diamond market financial indices, and global inventory, incorporating artificial neural network technology.
- What is CEDEX's employee count?
- CEDEX has an employee count in the 11-50 range.
- What is CEDEX's primary sector classification?
- CEDEX's primary sector classification is Fintech & Insurtech.
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Sectors & technology
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External links
| Website | // |
|---|---|
| linkedin.com/company/27060948 | |
| facebook.com/cedexEN |
Identifiers & details
| Founded | 2017-1 |
|---|---|
| Employees (exact) | 30 |
| Status reason | Non Active, Oct 2022 ceased to operate |