Online Diamond Retailer Diamonds4Crypto Accepts Cryptocurrency
Diamonds4crypto.com has become the world’s first diamond company to accept payment in cryptocurrency as of 26th November, 2021. The online diamond retailer is accepting nine cryptocurrencies including Bitcoin, Etherium, and Dogecoin for purchases across a broad range of natural diamond sizes and price points.
According to the company, all the diamonds are ethically sourced and manufactured, combining craftsmanship with the latest technology. Every diamond is blockchain-authenticated, providing a diamond’s history and provenance. A Non-fungible Token (NFT) for each diamond is stored on the blockchain to certify it is unique and provide proof of ownership.
Diamonds4Crypto Founder Jonathan Kendall, who retired from De Beers in November 2020, stated: “Diamonds are as popular as ever and investing in digital technology to embrace new consumers is important for the future of the industry. I believe that digital currencies are here to stay and I want to give customers the choice to buy the finest diamonds using cryptocurrency, from a secure and trusted platform, backed up by blockchain and NFT technology.”