Bitcoin Diamond was launched in November 2017 with the promise of offering lower transaction fees, increased privacy, faster transactions. Bitcoin Diamond uses the blockchain to provide financial services to people who have traditionally been excluded from banking services. The platform aims to provide a trustworthy, accessible, and simple to use coin to the 1.7 billion people who are underserved by traditional financial institutions.
BCD has lower transaction fees than traditional credit cards and can be used to purchase goods across borders. This coin targets at an international consumer market as users do not need to worry about exchange currency through a traditional exchange.