Carats.io is tokenizing the world’s most precious commodity — diamonds. We're building a liquid method to exchange diamonds’ digital value with a real-world utility, with exposure to the diamond and jewelry industries. CARAT is a diamond-backed digital currency, which can be redeemed in the real-world diamond market. By being linked to a physical commodity averaging an appreciation of 5-6% annually, the CARAT Token remains one of the most stable and promising assets. Beyond being a sound use of capital, the CARAT Token will also function as a means of payment that will help kick-start the diamond and jewelry industries in multiple ways: increasing the purchase of diamonds and jewellery, function as an improved peer to peer payment method, and a offer an innovative solution for the diamond and crypto industries’ financing and banking issues. What you can do with the CARAT Redeeming Crypto to real-world rare asset - You can always exchange 100% of your CARAT Tokens to real diamonds. Buy jewelry with the CARAT Token - Kela.cn recently became the first announced diamond and jewelry retailer that will accept the CARAT as a means of payment. Get FIAT loans for crypto and diamonds - the CARAT will function as a collateral and financing tool for crypto holders and diamond dealers through the Celsius Wallet. Peer-to-peer transactions - The diamond-backed CARAT will be used as an official means of payment on the IDEX platform - allowing more than 7,000 professional dealers to trade peer to peer with no middleman. Invest in diamonds - As the CARAT is linked to diamonds - it is the first viable tool for enjoying the positive appreciation of diamonds without holding them physically. Key Technology Milestones: The Diamond Pricing Algorithm (DPA) is the first technological, fully-automated method that allows accurate diamond pricing. Using innovative machine learning technology and advanced mathematical models, the DPA tracks real-world global prices data, and accounts for 14 different parameters of pricing, creating a reliable data-driven benchmark of any diamond’s perfect price point, and an unprecedented level of transparency that assures fairness on all sides. THE DPA HAS ALREADY EVALUATED OVER $ 1 BILLION WORTH OF DIAMONDS. The Diamond Financial Index (DFX) is the first index created to help investors, diamond dealers, or end-users gauge the health of the overall diamond market. As with a stock index, each diamond index publishes a score to reflect the performance of the diamond market as a whole, on a graphic, linear and financial display. The DFX adds over 700,000 stones daily, which will soon grow to more than 1,000,000, and is already running and proving popular on investing.com!