GlitzKoin: overview of the ICO Project

in #glitzkoin • 6 years ago

The blockchain every day becomes more and more popular. And this time the blockchain technology has affected the diamond industry.

GlitzKoin is a platform based on the blockchain, created for the diamond trade using the digital currency. According to the white paper, the vision Glitzkoin is to create an open ecosystem for the diamond industry, where the whole diamond trade could be conducted and coordinated. With an experienced team of diamond experts and technical gurus who understand the blockchain technology to the optimum level, this project can become the best marketplace in the diamond industry.

Product features

Full work platform is supported by multiple elements. The first of them - wallet GlitzKoin. As a result, users can control their tokens, and view transaction history. Sellers will be able to see the total payments and other important information. Another element is API. It provides users with access to different types of services. It will be possible to perform the necessary actions via a personal computer, notebook or mobile phone. Thanks to the GLT cryptocurrency will set a new standard of excellence for gemstone trading. Buyers and sellers of diamonds will receive will have znachitelnie advantages when working on the platform GlitzKoin.

Blockchain in the diamond industry

The blockchain in General is quite difficult and complex concept, but in a nutshell we can say that it consists of many nodes, and each node is very important for proper functioning of the system. All transactions initiated on one node are also updated at every other node. Technically, this creates a distributed data base where it is almost impossible to modify existing data or crack it.

The blockchain technology in the context of the diamond industry: the diamond dealer loads the data, correlating with its certified diamonds in the blockchain, and detailed information about each diamond is recorded at all nodes. Protected from unauthorized access, the entry becomes visible to all members of the blockchain. Any potential buyer can see it, thus not dealing with the intermediaries and buying directly from the seller. Both professionals and beginners will have the opportunity to buy diamonds directly from the seller, thereby getting rid of many brokers, and Commission agents who currently dominate the industry. And sellers can gain access to markets that previously were inaccessible.

The participants of the platform

Platform GLITZKOIN can be useful to many participants of the diamond market:

  • Mining company;
  • Retailers, consumers;
  • Certification of diamond products;
  • Professional diamond polishers.

If the team GlitzKoin will be able to attract all of the above participants, the users will experience maximum ease, efficiency transactions. All the data that will be used for work under the platform will be protected. Developers of service paid much attention to confidentiality.
GlitzKoin is the blockchain ecosystem that allows everybody to buy and own diamonds with one press of a button. This could revolutionize the supply chain of diamonds and to ensure its work more effectively for all participants. GlitzKoin integrates all stakeholders on one platform that will provide safe and efficient transactions and reduce costs.

The advantages of token

GlitzKoin tokens can be used to pay for purchased diamonds, thus eliminating bidders from expensive Bank charges, and losses caused by currency conversion. Through the use of cryptocurrency traders will appreciate the ease of financial calculations. Special attention the developers plan to give security and transparency of operations. These will be possible thanks to the advantages of the blockchain technology.

The benefits of the project GlitzKoin

  • The project GlitzKoin implemented on the blockchain Stellar. This platform is known for its high speed and low transaction costs.
  • Purchase this cryptocurrency can be paid using both cryptocurrency and regular Fiat currency.
  • Tokens GlitzKoin will be used for transactions, reducing the traditional costs and fees, which are usually with the participation of third parties.
  • The project is managed by a team of qualified professionals. These include experts from the sector blockchain technology and the diamond industry.

Conclusion

The unique features of this project, combining cutting-edge technology and real sector of the economy, allow us to make enormous positive change in the diamond industry. The project GlitzKoin upon closer inspection, looks rather promising and deserves the attention of investors.

Official site — https://glitzkoin.com/
White paper — https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
TELEGRAM — https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA
Twitter https://twitter.com/GlitzkoinToken
Facebook — https://www.facebook.com/GlitzKoin-193241214767377/

6 years ago in #glitzkoin by
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