About Carats.io

About company

Carats.io develops a financial market for diamonds with a state-of-the-art algorithm for price evaluation. It has created the first financial market for diamonds with a digital, diamond-backed currency - called the CARAT. The CARAT token will also function as a means of payment that will help kick-start the diamond and jewelry industries in two ways: by allowing members of the crypto world to purchase diamonds and jewelry, and as a B2B payment method between members of the diamond industry themselves. Carats.io melds hi-tech, a strong base within the crypto community and strategic partnerships in the diamond industry. Carats.io was founded by Avishai Shoushan in 2016.