DIAMOND NXT is redefining diamond trading by combining blockchain security with tokenization to create a transparent, efficient and trustworthy marketplace. The platform provides real-time provenance tracking, allowing diamonds to be authenticated and traded with confidence. By removing inefficiencies in the traditional market, DIAMOND NXT builds trust among stakeholders and attracts new investors. Pixelette Technologies handled the design, development and deployment of this advanced solution.
Business Type
Tokenized Trading Ecosystem
Industry
Blockchain
The diamond trading industry has long struggled with transparency, authentication, and trust. Proving a diamond’s origins and ethical sourcing remains a challenge, discouraging buyers and investors. The lack of a secure digital marketplace for tokenization further limits market participation, leading to inefficiencies and security risks. Without a blockchain-powered system, stakeholders face financial losses, fraudulent claims and restricted growth opportunities.
DIAMOND NXT set out to build a secure, blockchain-based ecosystem where diamonds could be traded with verified provenance. The objective was to create a digital marketplace that guarantees authenticity, strengthens investor confidence and simplifies tokenized asset trading.
Pixelette Technologies built DIAMOND NXT using Solidity, Truffle, ERC-1155, and IPFS for secure provenance tracking and tokenized diamond assets. React.js and Web3.js powered the trading interface, while Node.js and Moralis handled real-time data. This blockchain marketplace modernized diamond trading with automated transactions and verifiable authenticity.
We followed a structured, multi-phase approach to develop DIAMOND NXT, delivering full functionality, security, and a smooth trading experience.
The design and development teams at Pixelette Technologies built a blockchain-powered trading platform using React.js and Web3.js for a user-friendly interface. We structured a tokenization system that securely represents diamonds as digital assets.
We conducted thorough security testing and performance evaluations to refine platform stability. Once optimized, DIAMOND NXT was successfully deployed to provide traders with a reliable and transparent marketplace
Our team analyzed the diamond trading industry to identify key issues in provenance tracking, security and tokenization. This research guided the development of DIAMOND NXT, shaping it to meet real market demands.
Our blockchain team developed Solidity-based smart contracts using Truffle, ERC-1155 and IPFS. These contracts established verifiable provenance tracking and secure transactions, allowing traders to confirm authenticity with confidence.
The strategic IT staff augmentation led to significant improvements and achievements:
DIAMOND NXT is transforming the diamond trading industry by providing a secure, transparent and blockchain-powered marketplace for provenance tracking and tokenization.
98% of diamonds now have verifiable provenance, strengthening trust and authenticity in trading.
Over 1,500 active traders onboarded, demonstrating strong adoption and market confidence.
More than $10M USD worth of diamonds successfully tokenized, expanding investment opportunities.
Achieved a 70% retention rate after three months, reflecting platform reliability and trader satisfaction.