GLITZKOIN – PIONEERING THE DIAMOND BLOCKCHAIN


Blockchain technology is a transparent digital ledger of transactions and records that are immune to change or deletion. Offering additional traits of increased security, lower costs, time efficiency, and error resistance, blockchain has risen, fluctuated in 2017. The utility of blockchain technology is limitless, sparking the growing list of companies, industries, and government exploring its potential adoption. The blockchain is an immutable public ledger that records digital transactions.
ABOUT GLITZKOIN
Diamonds are one of the world’s, and especial Africa’s, main valuable things from nature. An imagined us$15 billion, nicely well worth of very difficult diamonds are produced in line with year, of which about us$eight.5 billion are from Africa. The diamond enterprise employs approximately ten million people around the area, each right away and circuitously, across a huge spectrum of roles from mining to retail.
International diamond jewelry profits continue to grow, developing three-fold within the beyond 25 years, and are currently well worth in excess folks $seventy-nine billion every year.
The diamond rings deliver chain (known as the diamond pipeline) is the way that brings diamonds from the earth to clients.
GlitzKoin is a project is designed to offer more than just generating of cryptocurrency. With a dedicated team of diamond experts as well as technical gurus who understand the blockchain technology to the optimum level, this project is about creation of a more excellent and superior trading platform for the buyers and sellers of diamond at all levels. GlitzKoin is transforming the diamond industry by lessening the barriers, instilling trust and increasing coordination as well as harmonization in the cross-border transactions for the entire diamond industry. GLITZKOIN are integrating the blockchain mechanism. GLITZKOIN, being based on blockchain allows every diamond merchants and even new diamond investors to buy or sell diamond at just the presser of the key. GLITZKOIN will be creating a global digital ledger, which will allow to invest the end to the end history and the value of the asset. GLITZKOIN is changing the traditional diamond bourse into a virtual diamond market.
GLITZKOIN AND BLOCKCHAIN TECHNOLOGY
We incorporate the latest blockchain technology into the supply chain of the diamond industry. This opens up a new platform to conduct global trade in diamonds. Besides reducing the costs related to a transaction, GLITZKOIN eliminates the inefficiencies that are inherent to paper based transaction processing. A set of advanced functions are implemented to provide a very intricate and detailed, diamond tracing and tracking capability. The objective is to decentralize the market place for diamonds, this will vastly open up access for buyers and sellers of diamonds. The diamond trade does require additional ancillary services like shipping, finance and insurance. These services will be provided by separate service providers. The GLITZKOIN Project will only integrate them in the platform and not be charging any commission or brokerage for such third party services.
BENEFITS OF GLITZKOIN
It will revolutionize diamond’s supply chain and ensure it is more efficient for the parties involved. This involves integrating all the stakeholders on one platform, thus enabling secure and efficient transactions and cost reduction for all.
This project also assembles all the premium talents in the blockchain technology including diamond experts and crypto gurus with many years of proficiency in all phases of diamond industry.
Other than implementing the new cryptocurrency, GlitzKoin also embraces setting up of a full-bodied diamond trading platform on the supposed stellar blockchain.
The network security and supply chain identity of GlitzKoin is entirely protected and founded on the federated byzantine agreement system that aid in running network governance protocol.
GlitzKoin offer user friendly solutions requiring less technical knowledge that fits in easily into the existing business applications as well as processes.
TOKEN AND ICO DETAILS
We accept Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Ripple (XRP) and Stellar (XLM) as the mode of payment for GLITZKOIN Token purchases.
Token: GLT
• Bonus: yes
• Cost: one GLT equal 0.2 USD
• Accepting: ETH, XLM and BTC
• Min investment: one Hundred USD
• Hard cap: 40,000,000 USD
Soft cap = $10M
Hard cap = $40M
• 10,000,000 USD
• White list / KYC: KYC and White list
• Country: Estonia
GLITZKOIN Token Allocation
• Token sale: 25 Percent
• Market: 20 percent
• Company: 35 Percent
• Team: 10 Percent
• Community: 10 Percent
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
GLITZKOIN solutions will seamlessly integrate into existing business processes and applications. No technical knowledge is required for companies or users. GLITZKOIN enables companies to quickly build customized, end-to- end, supply chain applications with data privacy. Glitzkoin is a global startup that makes use of the best of growing technology which include the blockchain, smart contracts and machine studying to assist in the bargain of danger and fraud for banks, insurers and open marketplaces inside the diamond and treasured stone industry. They offer a full environment for the diamond organization from a delivery chain answer, to monitoring & certification of diamonds and in the end a decentralized change for the change of diamonds and related services. Be a part of this tremendous project and follow these links for more information;
Author
nugezmils
BITCOINTALK PROFILE

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