In the face of rapidly advancing quantum computing, the traditional cryptographic industry is encountering unprecedented threats, particularly after the debut of Google’s new quantum chip, Willow, last year, which sent shockwaves through the entire crypto community. Although mainstream opinion suggests that large-scale quantum attacks may still be 10 to 20 years away, the looming pressure has driven the industry to continuously seek technological upgrades and ecosystem collaborations to address potential risks.

Diamante emerges as a response to the growing demand for secure and scalable blockchain solutions in the era of quantum computing. Diamante ensures long-term resilience by integrating quantum-resistant cryptographic technologies, such as Dilithium digital signatures and Kyber key encapsulation. Additionally, it leverages a three-layer consensus model consisting of Delegated Proof of Stake (DPoS), Proof of History (PoH), and asynchronous Byzantine Fault Tolerance (aBFT) to build a secure, efficient, and highly adaptable ecosystem that enables developers to create a wide range of decentralized applications easily.

This article will examine the Diamante project in depth, covering key areas such as the team background, technical architecture, flagship products, ecosystem development, and the $DIAM-centered economic model. It will offer readers a comprehensive understanding of the project’s growth potential and the challenges it faces.

What is Diamante?

Diamante is a hybrid Layer-1 blockchain that offers a comprehensive set of development tools. These tools enable developers to seamlessly deploy DApps and institutional applications across a wide range of sectors, including DeFi, NFTs, gaming, asset issuance, supply chain management, and healthcare.

Source: diam-io.medium.com

To enhance network performance and cross-chain compatibility, one of Diamante’s standout features is its adoption of a three-layer consensus mechanism—DPoS (Delegated Proof of Stake), PoH (Proof of History), and aBFT (asynchronous Byzantine Fault Tolerance). This architecture allows the network to process up to 100,000 transactions per second (TPS), with real-time settlement occurring within 1 to 4 seconds. Furthermore, Diamante incorporates quantum-resistant algorithms, such as Dilithium digital signatures and Kyber key encapsulation, to boost the security and resilience of the network.

Diamante aims to democratize the digital economy, significantly emphasizing ecosystem application development. The team has independently developed several flagship products, including the PayCircle payment application and CreditCircle financial tools. Additionally, Diamante actively supports innovation through global hackathons and provides funding, technical resources, and infrastructure support for high-potential projects.

The native token $DIAM serves as the cornerstone of the Diamante ecosystem. With a total supply of 10 billion tokens, it operates across both the Diamante and BNB Chain networks. $DIAM plays a crucial role within the ecosystem, facilitating transactions, enabling governance, and granting access to various products and services.

Team Background and Funding

According to the online crowdfunding platform Wefunder, Diamante was founded in 2018 and raised $1.3 million in February 2022 through Wefunder and other angel investors.

The project was co-founded by Dinesh Patel and Chirag Jetani, both hailing from families with deep-rooted histories in the gemstone and jewelry trade. Dinesh Patel brings over 25 years of experience in diamond trading across key global markets, including Mumbai, Israel, Belgium, and the United States, and is also the founder of Honey Star Inc. Chirag Jetani, in addition to managing diamond businesses, is a seasoned engineer with substantial technical expertise. Other core team members also possess strong backgrounds in finance and blockchain; for instance, Chief Financial Advisor Erik Jens previously worked at global financial institutions such as ABN AMRO Bank.

Diamante has announced a series of strategic partnerships over the past few years to promote blockchain adoption further. Notable collaborators include the Private Office of His Highness Sheikh Mohamed Bin Ahmed Bin Hamadan Al Nahyan of Abu Dhabi, as well as AWS, Azure, India Bank Digital Infrastructure Company (IBDIC), QuillAudits, TransBnk, Credshield, Binamite, and HyperSign.

Diamante Technical Architecture

The Diamante system architecture comprises four layers: the application layer, consensus layer, data layer, and smart contract layer. It leverages quantum-resistant cryptography, a hybrid consensus mechanism, and modular architecture to build a secure, high-performance blockchain network. Its core technology stack includes the following components:

Source: diamante.gitbook.io

1) Multi-Layer Consensus Mechanism

Diamante utilizes a three-layer consensus algorithm to ensure the network can process a high volume of transactions quickly and securely:

• Delegated Proof of Stake (DPoS): This is the first layer of consensus, designed for rapid block creation. It emphasizes high throughput and validator-driven governance.
• Asynchronous Byzantine Fault Tolerance (aBFT): Serving as the second consensus layer, aBFT ensures finality and security—even in cases where some nodes behave maliciously or go offline—thus maintaining the network’s overall integrity.
• Proof of History (PoH): The third layer, PoH, optimizes transaction ordering trustless, significantly improving consensus efficiency and reducing network latency.

By combining these three consensus protocols, Diamante aims to deliver the security of Bitcoin, the usability of Ethereum, and the speed of Solana, striving for a superior level of security, scalability, and cross-chain compatibility. Moreover, Diamante integrates Sync Bridge and the Binance Greenfield Chain, enabling seamless interoperability and liquidity across multiple networks.

2) CouchDB Distributed Ledger

Diamante enhances network scalability and efficiency by integrating CouchDB into its architecture. It stores data in JSON format, offering high flexibility, and supports multi-version concurrency control (MVCC) and HTTP APIs, making it developer-friendly and easy to integrate.

CouchDB’s lightweight design and efficient synchronization make it ideal for mobile devices. It supports offline operations for mobile nodes and allows them to easily sync data upon reconnection—an advantage that extends Diamante’s accessibility across a broader range of devices and users.

3) Quantum-Resistant Algorithms

To address the looming threat of quantum computing, Diamante incorporates two post-quantum cryptographic algorithms—Dilithium and Kyber—ensuring efficient computation and low communication overhead across applications such as network communication and identity verification.

Dilithium is a digital signature algorithm. Compared to other post-quantum signature schemes, it offers smaller key and signature sizes, ensuring high performance while supporting multiple security levels for flexible deployment. And Kyber is a key encapsulation mechanism (KEM) that excels in key generation, encapsulation, decapsulation, and secure key exchange. It is highly regarded for its strong security, efficiency, and compatibility.

Diamante Ecosystem Development

Diamante is committed to enabling seamless integration between blockchain networks and existing financial infrastructures. To achieve this, the team has independently developed several products to provide users with intuitive and efficient access to the ecosystem.

• DIAM Wallet: Available on iOS, Android, and as a browser extension, the wallet allows users to securely send, receive, and store various cryptocurrencies.
• PayCircle: A DeFi payment application built for global businesses and individuals, supporting instant transactions in both fiat and cryptocurrencies. PayCircle employs a range of advanced security measures, including AES-256 encryption, multi-factor authentication (MFA), and AI-powered fraud detection algorithms. Additionally, it places strong emphasis on compliance, adhering to international standards such as PCI-DSS and data privacy regulations like GDPR.
• CreditCircle: A DeFi financial product that offers loans and credit services to individuals and enterprises at competitive interest rates. CreditCircle provides flexible financing options based on credit ratings, allowing users to collateralize assets such as stocks, bonds, luxury goods, and digital assets.
• MudraCircle: A solution focused on central bank digital currencies (CBDCs), offering tools and infrastructure tailored for digital monetary systems.
• MetaCircle: A comprehensive virtual economy where users can access services using $DIAM, including virtual banking, virtual real estate, and metaverse experiences.
• ChainCRM and NodeHRM: Like platforms like Hyperledger Fabric, Diamante also offers private blockchain services tailored for enterprise needs. ChainCRM is a blockchain-based customer relationship management platform that tracks sales and customer interactions, offering real-time analytics, predictive insights, and automation. NodeHRM is a blockchain-powered human resources management system that transforms recruitment, onboarding, and performance management to enhance operational efficiency.

In addition to the products mentioned above, Diamante continues to expand its ecosystem with plans to launch more tools and services tailored to various user groups in the near future. To accelerate ecosystem growth, the team is actively driving innovation through hackathons, grant programs, and expanding strategic partnerships.

According to its official website, more than 120 applications have joined the Diamante ecosystem, spanning infrastructure, NFTs, DeFi, gaming, social platforms, and DePIN. Some of these ecosystem projects are illustrated below:

Source: diam-io.medium.com

$DIAM-Centered Economic Model

Within the Diamante ecosystem, $DIAM is the core token, functioning as a governance and utility asset. With a total supply of 10 billion tokens, $DIAM is circulated across the Diamante and BNB Chain networks.

According to official information, $DIAM is allocated based on the following distribution ratios:

However, the team has not disclosed more detailed information, such as the token release schedule or vesting timelines. As for the current benefits of holding $DIAM, they primarily include:

• Access to Platform Products and Services: Users can use $DIAM for transactions within the ecosystem, such as making payments via PayCircle.
• Ecosystem Governance: Holders can participate in governance by staking $DIAM, gaining the right to submit proposals, vote, and etc.
• Staking Rewards: Token holders can engage in dStake activities, supporting cross-chain staking of assets to earn incentives.

It’s also worth noting that $DIAM follows a deflationary model. For every transaction within the Diamante ecosystem, a programmatically determined amount of $DIAM is permanently burned, contributing to its long-term scarcity.

Future Outlook and Challenges

Currently, the Diamante team is actively upgrading its network, refining products, and collaborating with partners to expand its ecosystem of applications. To reach a broader user base, the team is organizing offline events across various countries and regions—including Vietnam, Istanbul, the Middle East, Singapore, and Tokyo—to build a diverse global community and enhance market visibility.

Diamante will continue to deepen collaboration with top-tier developers, project teams, and enterprises. By creating real-world use cases for $DIAM, the platform aims to increase its value further and accelerate large-scale adoption of the Diamante blockchain. Additionally, Diamante is focused on integrating emerging technologies such as AI, IoT, and the Metaverse into its blockchain solutions to drive innovation in healthcare, finance, and supply chain management.

That said, the team must proactively and flexibly address several potential challenges, including:

• One of Diamante’s core goals is to withstand threats posed by quantum computing. The team must ensure forward-looking technical development by continually integrating the latest quantum-resistant algorithms through partnerships and regular penetration testing to evaluate network security. For example, Dilithium, one of the leading candidates in NIST’s Post-Quantum Cryptography Standardization Process, has entered its fourth evaluation round and continues evolving through iterative upgrades.
• While Diamante claims a theoretical throughput of 100,000 TPS, data from its blockchain explorer currently shows an average transaction speed of 5.62 TPS, highlighting a significant performance gap. The team needs to incentivize greater participation from users and ecosystem applications, as well as conduct ongoing stress testing to ensure real-world scalability and performance.
• As of now, over 1.72 million wallets have been created on the Diamante network, and the number of ecosystem applications continues to grow. However, the overall ecosystem activity and influence remain limited, calling for stronger efforts in marketing, community building, and supporting innovative application scenarios.
• As a player deeply rooted in financial applications, Diamante must continue improving in data privacy, regulatory compliance, and cross-chain interoperability to meet the expectations of enterprise and institutional users.

Conclusion

As a hybrid Layer-1 blockchain, Diamante introduces an innovative multi-layer consensus architecture and integrates algorithms like Dilithium and Kyber to enhance the network’s security, flexibility, and resilience, reflecting a notable degree of innovation. At the same time, the team is actively expanding its ecosystem by offering comprehensive support to developers and encouraging the creation of decentralized applications.

However, as the ecosystem gradually expands, the increasing complexity of the Diamante system demands greater efforts in market education and user training. More importantly, the team must continue to empower the $DIAM token by introducing more real-world utility scenarios to support and strengthen its long-term value.