Al Kasir Group launches Diamond Trading on Blockchain
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Al Kasir Group launches Diamond Trading on Blockchain
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(AETOSWire): Members of the Private Office of H.H. Sheikh Ahmad Bin Obaid AlMaktoum L.L.C., AL KASIR JEWELLERY TRADING L.L.C. and AL KASIR PORTAL L.L.C.announced the launch of Diamond Trading on Blockchain with three Diamond-backedBlockchain-Assets. These Assets are stored in highly secure Digital BlockchainWallets.

Thelaunch event, held on April 15, 2018 at Burj Al Arab, was witnessed by themanagements of the Private Office and Al Kasir Group. The guests included ShehabBin Nouri, Walid Bin Nouri and Mohammed Aljariri. India's leading economist DrSharad Koli and 40 other VIPs. Over 140 members of the Press from across theglobe were also present.

Al Kasir Groupis a joint venture between Dr. Amit Lakhanpal and Private Office of H.H. SheikhAhmad Bin Obaid Al Maktoum.

Dr. Lakhanpalis an Indian entrepreneur, Founder and CEO of the Money Trade Coin Group,cointradingplatform.com, Estonia's leading cryptocurrency exchange and walletservice provider and author of "The World of Crypto Currency". He isalso the CMD of Flintstone Group, a real estate development agency, and FlintBeats,an event agency. 

For the first time,a set of three Blockchain-Assets, backed by Indian Diamond & GemologicalInstitute (IDGI) certified real Diamonds were introduced. Backed by areal-world asset, AL MAS, AL HAQEEK & AL FALAH are secure, convenient andeasier to store and translate value due to a base measure around which theirvalue revolves. This asset-backed feature differentiates Blockchain-Assets fromCryptocurrencies.

Diamonds are anideal backing for Blockchain-Assets. They are rare, take a billion years todevelop, have several millennia of history as a recognized store of value andcan be easily stored and transported.

The Blockchain-Assetscan be exchanged on the Company In-House Exchange at a later stage with theflexibility of interchangeability of assets and barter-exchange againstdiamonds, gemstones, oud, bakhoor and attar. The company is offering storagefacility for Blockchain-Assets for a minimum period of 25 years.

TheBlockchain-Assets will be available for purchase across the counter as thecompany aims to open 1,000 stores across the world.

The companyannounced the Pre-Initial Blockchain-Asset Offering commencement, during whichthese asset Units can be purchased on the company’s online portal.

Inter-Exchangeof the Assets will commence tentatively between August 21 and 24, 2018.

For morephotographs: https://alkasirportal.com/gallery/





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