Diamond Standard
CARATS
Inside each Diamond Standard commodity is a wireless computer chip providing audit and authentication, and storing a blockchain token used for trading. When a Diamond Standard commodity is in an approved vault, the token is activated for spot trading and can be used to settle futures contracts.
Frequently
Asked Questions
Read Knowledge BaseCARATS Ecosystem
The CARATS ecosystem supports our vision of blockchain native commodities and digital assets. We work with regulators, auditors and independent labs to ensure transparency and seamless integration.
Technology with Intention
CARATS work on the Hedera Network, a decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless hashgraph consensus algorithm.
It is governed by a decentralized council of leading enterprises, universities, and web3 projects from around the world.
Read about its benefits below.
Huge
Capability
Up to 10,000 transactions per second
Lightning-Fast
Transfers
Average of 3-5 seconds to confirm
Smart Energy
Consumption
885,000 times less than Bitcoin (0.001 KWH)
Low and
Predictable Fees
Only $0.0001 per transfer
(Bitcoin and Ethereum fees are on average 10,000x higher)
Documentation
CARATS are physically backed by a global reserve of fungible, market-traded, and immediately deliverable Diamond Standard commodities, which feature wireless audit, authentication, and tokenization technology.
If you own CARATS, you provably own part of a Diamond Standard Coin or Bar. Learn more by reading our CARATS Overview, Tokenomics and White Paper PDFs below.
