Give player a item only if they have a certain item in their inv

[Peanuttable]

every 5 seconds:
loop all players:
if loop-player is in world "world":
console command "give * diamond_sword 1"

i am wondering how do i make it so the player will get the diamond sword only if they have a iron block named &bFactory in their inv

 

[BoxMiners]

Just do

If player has an iron block named "&bFactory":

 

[timeis]

every 5 seconds:
loop all players:
if loop-player is in world "world":
console command "give * diamond_sword 1"

i am wondering how do i make it so the player will get the diamond sword only if they have a iron block named &bFactory in their inv

every 5 seconds:
  loop all players:
    if loop-player has iron block named "&bFactory":
      give loop-player diamond sword