Empowering Industries Through Blockchain Innovation: A Conversation with Chirag Jetani, Founder of Diamante Blockchain

In a world the place technological developments are reshaping industries, blockchain expertise emerges as a pivotal drive of change. To delve deeper into this revolution, we had the privilege of talking with Chirag Jetani, the Founder and COO of Diamante Blockchain.

From his preliminary fascination with digital currencies to co-founding Diamante Blockchain, Jetani provides a glimpse into the corporate’s formation, groundbreaking options, and important achievements up to now. With a powerful emphasis on Internet 3.0 and the convergence of blockchain and AI, Diamante Blockchain goals to remodel sectors akin to finance, logistics, funds, commerce, healthcare, gaming, and leisure.

Be a part of us as we discover Diamante’s journey, its distinctive 4th era, L1 blockchain community, the dApps constructed on the proprietary blockchain protocol, Diamante Internet, DIAM Coin & its utility, and the strategic alliances fueling Diamante’s worldwide development and strengthening the dynamic neighborhood. Find out how Diamante Blockchain is tackling up to date challenges with expertise and spearheading the motion in direction of a decentralized, safe, and clear ecosystem.

Are you able to present an summary of Diamante Blockchain and the ecosystem?

We’re a blockchain-based firm established in 2018 to unravel the worldwide challenges in finance, commerce, and funds. My co-founder, Dinesh Patel, and I recognized a number of challenges that weren’t adequately addressed, like excessive working prices, sluggish processes, inefficient operations, and extra. So, we determined to introduce blockchain, which may change the sport. And sure, it did.

At this time, now we have developed our layer 1, hybrid blockchain community, Diamante Internet, and have additionally applied a number of AI-based scalable options which are extra clear, environment friendly, and safe.

Now we have prolonged our ecosystem past finance, commerce and funds. For example, now we have constructed a number of modern functions, akin to CreditCircle, MudraCircle, MetaCircle, ChainX, NodeHRM, and ChainCRM, which are at present within the alpha stage of improvement. With essentially the most sought-after options and capabilities of our proprietary blockchain protocol, Diamante Internet, now we have develop into one of many world’s most most secure, quickest, cost-effective, and versatile blockchain networks, constructing decentralized merchandise and options, befitting for each, people and companies, at a time.

On prime of our community, now we have our native digital asset, DIAM, with a complete provide of 10 billion. Our coin provides infinite alternatives to our Diamante neighborhood. For example, customers can entry your complete Diamante ecosystem; it facilitates seamless transactions—quick, safe, and low-cost; it serves as a community processing charge and in addition performs an anti-spamming position on our community. Very quickly, our DIAM coin shall be listed on the main exchanges.

Are you able to present examples of profitable industry-specific functions or use circumstances constructed on the Diamante Internet blockchain?

Oh, sure! The checklist may begin with DiamCircle, DIAM, and PayCircle, adopted by CreditCircle, Mintify, Token Device, DIAM Pay, and so forth.

Now we have a number of profitable industry-specific functions developed and, after all, being constructed on Diamante Internet.

DiamCircle is an open supply for builders, blockchain lovers, techies, and everybody who needs to construct modern DApps on the inspiration of our community, Diamante Internet. The platform empowers the neighborhood to create modern options and functions that can be utilized throughout numerous industries. Now we have complete assets accessible on-line which might be utilized to develop functions.

Subsequent, now we have DIAM. As talked about already, DIAM can be utilized for numerous transactions, together with funds, commerce and to entry our complete ecosystem. It is also simpler to make use of DIAM throughout the main networks. DIAM might be swapped inside the Diamante ecosystem and different main networks like Ethereum (ERC-20), Binance Good Chain (BEP-20), and TRON. DIAMs might be earned as rewards by way of our DIAM Pockets and by using our dApps, PayCircle and CreditCircle.

Then comes our flagship product, PayCircle, a brilliant app that permits customers to conduct funds, make transactions, and commerce digital belongings. It helps a number of currencies and is designed for each people and companies, offering a complete answer for his or her monetary, banking and accounting wants.

We even have a number of different decentralized platforms within the alpha stage of improvement, together with CreditCircle, MetaCircle, Mintify, ChainX, and NodeHRM.

  • CreditCircle permits customers to take loans towards their crypto belongings with out having to promote them, guaranteeing they maintain possession and pays again at minimal rates of interest.
  • MudraCircle is a CBDC answer for central and industrial banks to handle and problem digital currencies. Whereas MetaCircle provides a digital banking expertise the place financial institution prospects can work together with banks in a metaverse setting, get their queries resolved immediately with AI bots and digital assistants.
  • Min-Cli, a command line interface, lets customers work together with the Diamante community, simplifying minting, account administration and asset transactions.
  • ChainX is a crypto alternate platform for quick, safe, and cost-effective digital asset buying and selling.
  • NodeHRM and ChainCRM, the previous to handle HR duties and worker administration, and the latter to handle enterprise leads and enhance buyer relationships.

Now we have just a few extra platforms launching quickly.

  • Mintify lets create and handle NFTs with superior options like customizable and royalty distribution. This can be a excellent platform for artists and collectors to monetize their their digital creations.
  • Vastra serves farmers and SMEs within the textile {industry} by eliminating the middlemen and hidden prices within the enterprise course of.
  • Token Device facilitates swift creation and distribution of tokens, guaranteeing seamless integration and compatibility inside the ecosystem.
  • DIAM Pay provides seamless transactions of native and customized tokens with the Diamante community. Customers can simply handle a number of digital belongings through one platform.
  • Min-cli is one other intuitive platform that simplifies minting, account administration and asset transactions.
  • Share Picc is for content material creators and lovers to share content material like memes, ideas, and so forth. in a decentralized and secured setting.

These platforms show the flexibility and potential of our Diamante Internet blockchain in numerous industries and functions. To be taught extra about our functions, go to our explorer on the DiamCircle webiste.

How is MetaCircle revolutionizing the banking experiences within the metaverse period?

Within the digital age, all of us need our banking experiences to be extra fascinating and straightforward, like not visiting bodily branches but getting the work finished. We would like instantaneous responses to our queries, enhanced safety, much less guide paperwork, and the whole lot to be automated.

That is why we’re creating MetaCircle, for a contemporary approach of banking, immersive and intuitive. No extra standard approach of banking – customers can expertise digital banking with sensible options in a safe setting. Lowered errors, speedy transactions, AI-driven chatbots and digital assistants, minimal guide processes, and, above all, it’s a possible answer to the busy era – becoming properly into their busy schedules.

It isn’t gonna take lengthy to witness this metaverse-based digital banking expertise. We have additionally performed a pilot of Metaverse Banking Lounge with two banks in India and the banks have acquired nice applause from their prospects. We’re in discussions with the banks to arrange digital branches to assist the banking companies for the shoppers.

Clarify the aim and performance of the PayCircle utility and supply insights into the safety measures and protocols applied to make sure safe and environment friendly transactions.

PayCircle is one in all our tremendous apps that gives plenty of funds and commerce options to companies and people. Customers can use this app to ship, obtain and custody multi-currency, fiat and crypto and avail banking, accounting, and different companies as properly. It additionally comes with options like cut up funds, schedule or setup recurring funds. Thus, PayCircle might be the one-stop answer for customers’ banking and monetary issues.

It is usually one of many most secure platforms that you can see within the web3 house proper now, as now we have applied among the most refined and complete safety measures and protocols to ensure that the customers can avail seamless, safe, and environment friendly transactions. We use superior encryption (AES-256) to guard all transaction knowledge throughout transmission and storage. Now we have additionally applied a multi-factor authentication (MFA) system, which provides a number of layers of safety to offer extra safety to customers.

Other than this, the platform is filled with safe APIs and communication protocols akin to HTTPS and TLS to ensure that the customers’ knowledge is safely exchanged amongst methods. The platform can be AI-enabled, which performs an important position in monitoring and stopping suspicious actions, offering real-time safety. Customers will obtain personalised AI-curated rewards for each transaction made through PayCircle.

PayCircle additionally adheres to worldwide regulatory requirements like PCI-DSS, together with common third-party audits to mitigate dangers. The platform even complies with knowledge privateness laws akin to GDPR.

Are you able to clarify how the DIAM Pockets simplifies customers’ interactions with decentralized functions inside the Diamante ecosystem?

Effectively, the DIAM Pockets is already making waves all over the world.

It’s a non-custodial crypto pockets that gives the quickest and most secure crypto transactions. Firstly, it supplies a user-friendly interface for managing numerous digital belongings together with our native digital asset, DIAM. Utilizing DIAM Pockets, customers can simply ship, obtain, and handle completely different cryptocurrencies, together with each ERC-20 and BEP-20 variations of DIAM. Other than DIAMs, customers can even handle any tokens current within the Ethereum, Binance and TRON networks.

With DIAM Pockets, customers can get pleasure from low-cost and quickest transactions at 0.0000024 USD/transaction and 7500 transactions per second. Constructed on the best and essentially the most safe Diamante Internet, customers can relaxation assured that their digital belongings are secure. They’ve full management and full possession of their accounts. DIAM Pockets is out there on each the App Retailer and Play Retailer— of us can obtain and begin utilizing it.

Lately, now we have launched play & earn DIAM video games, and extra are within the pipeline.

How is Diamante Internet leveraging blockchain, gaming, and NFTs to drive innovation within the gaming {industry} and assist the creator financial system?

We’re leveraging Diamante Internet into various industries. For example leisure: we’re working carefully with Bollywoodirect, an Indian-based leisure platform, to develop its ecosystem across the creator financial system. Mintify is our different platform that enables customers to create and handle NFTs with superior options like customizable metadata and royalty distribution.

Lately, now we have partnered with ABGA, a serious gaming alliance centered on Web3 video games. The corporate is supported by outstanding establishments within the Web3 {industry}. By way of this collaboration, we purpose to strengthen the gaming ecosystem by leveraging the ability of Diamante Internet and construct outstanding gaming communities globally.

We’re additionally creating different platforms supporting play-to-earn fashions, the place gamers can earn cryptocurrency and NFTs by collaborating in video games. These types of video games not solely enhance participant engagement but additionally open up new revenue alternatives for avid gamers.

Extra platforms are within the improvement stage, facilitating decentralized marketplaces for getting, promoting, and buying and selling digital belongings. These platforms empower avid gamers and creators to function in a free market with out counting on centralized intermediaries.

How does Diamante Internet differentiate itself from different international blockchain networks, and what distinctive benefits does it supply customers and companies?

Diamante Internet stands out as a pacesetter in providing 4th era, layer-1 hybrid blockchain-based options. Our proprietary blockchain protocol is designed for high-speed, enhanced safety and flexibility, enabling safe and low-cost transactions. This units us aside from different networks.

Our ecosystem is powered by DIAM, our native digital asset that helps a variety of use circumstances, from digital funds and tokenization to provide chain administration and numerous functions already constructed on our community. This versatility permits us to cater to various industries, together with healthcare, insurance coverage, banking, commerce, and journey, addressing their important challenges round scalability, interoperability, and safety.

Diamante Internet additionally helps superior options like Actual World Property (RWA), Decentralized Bodily Infrastructure Networks (DePIN), gaming, the creator financial system, and layer-2 options, making it a strong and versatile platform. Our dedication to sustainability and innovation ensures that our options usually are not solely technologically superior but additionally contribute positively to the broader ecosystem.

Importantly, Diamante Internet has a high-performance, scalable, and safe structure that helps cross-chain compatibility. Due to the Federate Byzantine Settlement (FBA) consensus mechanism, it will possibly deal with 10 million every day transactions with spectacular velocity and low latency. The mixing of various interoperability options, such because the Sync Bridge and Binance Greenfield Chain, additional units us aside.

Our user-friendly interfaces and strong developer instruments differentiate us from different blockchain networks, making it simpler for customers and builders to work together with our platform. We have additionally strengthened collaborations with tech companions, together with Hyperledger Material neighborhood options for Diamante Internet integration.

These capabilities mixed make Diamante Internet a compelling selection for companies and people searching for cutting-edge blockchain options.

What are the groundbreaking improvements, strategic collaborations, and future developments underway within the Diamante Blockchain ecosystem, and the way will they remodel numerous industries and sectors?

One of the crucial important milestones for us was establishing a strategic partnership with the Non-public Workplace of Highness Sheikh Mohamed Bin Ahmed Bin Hamdan Al Nahyan, the Royal Household of Abu Dhabi. This partnership goals to develop our ecosystem to the Center East and construct population-scale options with blockchain and AI applied sciences. It is a game-changer for fostering a startup ecosystem and selling cultural alternate between India and the MENA areas.

We’re additionally thrilled to announce that our native digital asset, DIAM, is able to be listed on all main exchanges. This can be a main step ahead for our 1million+ robust rising neighborhood and the world. We’re internet hosting international hackathons and alliances to spice up engagement with our neighborhood and developer engagement with Diamante Internet.

We’re always increasing our operations into new geographies, attending main international occasions in Vietnam, the Center East, Japan, Korea, South America and the USA within the coming months and are already exploring potential enterprise synergies there. We’re excited to forge new partnerships and collaborate with key stakeholders on this dynamic house.