Diamante Partners with BukProtocol to Revolutionize Real-World Asset Tokenization

Abu Dhabi, UAE – September 16, 2024—Diamante, a global blockchain and AI-based firm, is proud to announce another significant partnership with BukProtocol, a leading platform creating liquid secondary marketplaces for dynamic assets. The partnership will leverage Diamante’s world’s first L1 hybrid blockchain to enable BukProtocol’s product offering.  

BukProtocol, known for its innovative infrastructure, to build a modular infrastructure for dApps dealing with d-RWAs, from hotel bookings to event tickets, airlines, etc., will develop and deploy its solution on Diamante, bringing RWA and mainstream application of tokenization for end users and enterprises. 

“We’re thrilled to collaborate with BukProtocol and offer them the grant and support to build their innovative project on our network,” said Chirag Jetani, Founder & COO of Diamante. “Through this partnership, we are set to create one-of-its-kind opportunities for d-RWAs, further strengthening Diamante’s position as a global leader in blockchain and AI space. This collaboration showcases Diamante’s commitment in expanding its ecosystem to diverse industries and also highlights the company’s role in revolutionizing how decentralized applications interact with real-world assets.” he added.

“We are excited to integrate BukProtocol with Diamante, whose robust infrastructure and high transaction speed are ideal for our dynamic asset management use cases,” said Arul Prakash, Founder of BukProtocol.

“Diamante’s secure, federated consensus mechanism and scalability align perfectly with our goal of tokenizing time-sensitive assets like event tickets and travel bookings. This collaboration allows us to offer a more secure, transparent, and efficient solution, driving blockchain adoption across traditional businesses using RWA tokenization technology,” he added.

With Diamante’s recent presence in various global Web3 and blockchain conferences, including those held in Vietnam, Tokyo, Istanbul, and the Middle East, the company has established global partnerships and expanded its horizons on an international scale.

About Diamante 

Diamante is a global technology company specializing in blockchain and AI solutions. With a focus on scalability, interoperability, and security, Diamante is driving the future of decentralized finance and beyond through its cutting-edge Layer-1 protocol, Diamante. The company is committed to building a sustainable and inclusive blockchain ecosystem that bridges the gap between traditional finance and the decentralized world.

About BukProtocol:

BukProtocol is a B2B2C infrastructure to tokenise and enable resell ability for IRL Assets. These IRL/dynamic assets include event tickets, Airline tickets, hotel room bookings and more. Buk’s cross chain cross marketplace solution allows any web3 marketplace or web2 marketplace to sell, resell these assets and create a secondary market around it.

For more information, contact:

Yogesh Achari
Partnerships Manager – Diamante
yogesh.achari@diamanteblockchain.com

Arul Prakash
Co-founder and CEO
arul@buk.technology