Toptal partners with Authentia to revolutionize gem tracing with a first-of-its-kind blockchain solution.
Authentia needed an experienced team to redefine the diamond and gem trade with a system for web-based blockchain traceability and origin validation.
Authentia
Authentia is a blockchain company providing the first legally recognized protocol for diamond origin and authenticity.
Industry
IndustrialsDelivered Services
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Bruno Scarselli, a third-generation diamond dealer and founder of Authentia, needed to create a platform that could issue cryptographic titles of authenticity, origin, and ownership for gems. He was unsure of the technical requirements, particularly around blockchain development, and faced a complex path to execution.
Solution
Viable product in 14 weeks
The team followed a rigorous project management timeline focused on rapidly delivering Scarselli’s most-needed features, delivering a working MVP in just 14 weeks. The platform leverages a React/Node.js infrastructure to support an Ethereum-based blockchain protocol. The system uses a robust AWS infrastructure, including IAM, S3, CloudFront, Lambda, Aurora Serverless, KMS, SES, CloudFormation, EKS, and EC2 to ensure scalable, secure, and efficient service delivery.
Advanced blockchain technology
Toptal’s team integrated the platform with leading public blockchains like Ethereum, Polygon, and Binance Smart Chain, allowing the client to leverage the strengths of each ecosystem to ensure robustness and interoperability.
Outcome
Reaching the market quickly
Thanks to the team’s rapid execution, Scarselli attracted his first 50 diamond-industry customers just a few months after ideating on his product vision. For technology startups, this rapid speed to market is critical for both short- and long-term success.
Revolutionizing industry standards
Toptal developed a decentralized platform that ensures every transaction and certification is transparent and immutable. It allows for the registration of diamonds on the blockchain at their point of origin, ensuring traceability and authenticity, and paving the way for a new standard of verifiable ethics and quality in the industry.
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