We use a TOP-10 audit firm to audit the diamond reserve on a quarterly basis. The D1 Coin is a virtual currency built on the Ethereum blockchain using the ERC-20 standard, which allows for the creation of customized digital assets and currencies. Blockchain technology was chosen as the platform to digitize physical diamonds, because transactions through cryptocurrency are fast and divisible, presenting a solution to the issue of diamonds traditionally being an illiquid asset. Through D1 Coins, owners can effectively purchase fractional parts of a diamond. Furthermore, blockchain technology will grant D1 Coin users greater privacy, security and offer lower transaction fees.