Blockchain Touch to Diamond Industry, Glitzkoin

Diamond is one of the most popular and most valuable among precious stones found rarely all over the world. In general, the majority of diamonds in the world market are mined on African lands. Unfortunately, this precious stone is not of much benefit to Africa at this time. I will already talk about a project that can change this situation in my article. Their own private exchanges are widely available all over the world and can reach billions of USD in very high amounts. These physical properties possessed by the diamond, a refracting and reflecting feature, allow the use of other hard materials in cutting and drilling operations. Also diamond; can also be used to improve the performance of cutters and semiconductors in coated industrial tools. It will come as a surprise to you, but today, around 75% of the world's diamond mining resources are used for industrial purposes, only about 25% are used in jewelry making. For a diamond to be used as a jewel, it is expected that all the conditions on color, cutting, clarity, and brightness can be actualized. If the color of the diamond that extracts from the mine is blurred or the diamond is cracked, these diamonds are reserved for industrial use. I suppose the majority of diamonds are used in the industry because of this. Millions of people work in companies that manage the extraction, processing, and sales of diamonds. As technology advances, new systems and applications immediately have an effect on many financial sectors. It is normal for a rapidly changing world such as the diamond industry to have the effect of a blockchain on a massive economic ecosystem. It wasn’t possible for him to be the opposite.

So far we have seen many cryptocurrency projects focusing on gold. Glitzkoin will put into effect a blockchain ecosystem that centers the diamond industry at the center of its project and exchanges these large volumes of amounts for the first time. This industry has been kept under control as if it were played with a puppet's wires under the influence of some specific power elites, has lost its transparency and reliability for a long time. Glitzkoin that it will aggregate two financial values, such as the blockchain and diamond, which will pave the way for overcoming these problems, use an objective functioning on the basis of their ecosystem and allow free circulation of transactions through the diamond market. Decentralization will brighten the brilliance of the diamond equally throughout the world. Constantly renewing itself, the blockchain system will remove the boundaries for the diamond market and make this investment opportunity accessible for everybody.

Jewels made by using diamonds is moving within a specific procurement process within the commercial ecosystem of the jewelry industry. And the processes that go through many phases have become more and more expensive processed diamond by the fact that many intermediaries become a part of an activity in every step, which it's already expensive. Glitzko is a platform project that will brighten up the innovative face of the blockchain, which will benefit greatly from diamond trading. Supported by the distributed and decentralized technology of cryptocurrencies the project sees itself as a potential player in setting new standards that will provide mutual benefits to further develop diamond trading. The quality characteristics, origin and chronological recordings of a certified diamond can now be digitally stored on the blockchain. The fact that most of the necessary information is registered on the blockchain will greatly contribute to the prevention of theft in the process of the diamonds' verification and tracking.

Glitzkoin's outline is about establishing a system in which the diamond industry can be coordinated and regulated with smart contracts. If the vision of the project team can be acquired, it will be possible to break the power of labor exploiters who have gained important places in this sector by ensuring that the cryptocurrency is had a say in by the gemstone industry. Glitzkoin plans to integrate into its system a number of advanced technologies such as machine learning and AI for the solution of the problems that the diamond industry is experiencing. A solution method in which the supply chain is registered on the blockchain at any moment will be to make it possible for using the changer way of the decentralization in the gemstone industry. I think it will eliminate many risks and fraud attempts.

Algorithms used by Glitzko and the other sectors that work on other precious stones with the movement created in the sector to digitize will also encourage the blockchain and cause a brand new economic model to be born.

Glitzkoin will and create a more free business environment by removing the intermediaries and exploiters from the diamond industry, reducing commissions and fees. Glitzkoin is a project that will bring great dynamism from the mining companies to the retail customers. Glitzkoin will and create a more free business environment by removing the intermediaries and exploiters from the diamond industry, reducing commissions and fees. Glitzkoin is a project that will bring great dynamism from the mining companies to the retail customers. One of the most prominent features of the project is that the Glitzkoin diamond industry will be taken out of restricted areas and made the whole world a workplace for him.

I hope they can acquire for a successful result.

Token Symbol GLT (ERC20)
Soft Cap 4,200,000 USD
Hard Cap 41,800,000 USD
Token Supply 999,000,000 GLT
1 GLT = $0.20

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