Review of GlitzKoin ico - It's first diamond blockchain!
|| Introduce for GlitzKoin Ico
We are all already familiar with the policy of blockchain technology, someone is direct, someone indirectly.
Blockchain is not a simple technology, on the basis of which all the known Bitcoin crypto currency functions, but it is also a technology that allows all projects to keep pace with the times, providing complete security and confidentiality.
Today we will talk about the deeply radical trading diamond platform GlitzKoin, based on Blockchain.
GlitzKoin is undoubtedly an innovative platform for selling diamonds, which is an innovative form of digital currency that will help in all calculations related to finance.
This platform is designed and presented to the user as an instant access to the project, for example, for the purchase of diamonds with direct communication with existing sellers around the globe.
|| Problems of the diamond industry
The diamond industry has been thriving for generations and is fully a part of modern society. The diamond industry supplies us not only with beautiful jewelry, but also with other high-strength tools and materials, where the diamond crumb or dust is added. In sum, this whole industry unites more than 10 million people around the world. Mining of these beautiful stones takes place in different parts of the world, but most of the production falls on Africa. This figure represents about 65% of the world's total diamond production. You will agree these figures are impressive.
However, the whole chain of actions faces difficulties that lead to unnecessary costs, a large number of paper turns, as well as to a decrease in safety during the transportation of goods to the points of sale. Another problem is the honesty and reliability of the dealer who mines and sells diamonds to his suppliers.
To solve all the shortcomings of the diamond industry offers a team of specialists, developing a new, unparalleled project – GlitzKoin.
|| Solution offered
GLITZCOIN is building solutions for the diamond industry based on the blockchain technology and cryptocurrency. The full ecosystem of the diamond industry is being created on the platform; from the production of the diamond to the retail sale of the diamonds to the customers. The team working on the project is also targeting many other challenges in the industry, such as reduction in the risks and fraud for banks.
The first part of the plan is improving the supply chain of the diamond industry. With the help of smart contract technology, multiple processes in the supply chain are made transparent and cost-effective. A global marketplace for the diamond trading is created, which is open to anyone in the world, and it is decentralized in nature to ensure transparency and reliability.
Another functionality of the platform includes the tracking the diamonds. Certified diamonds on the platform can be easily tracked, and a record of attributes can be easily found on the platform. This process reduces the risk of theft and fakeness in the industry. With the help of the decentralization process, the transaction settlement time is reduced and the facilitation of the ancillary services becomes very easy.
Proprietary machine learning algorithms are being utilized on the decentralized platform for a transparent listing of the prices for the diamonds, and also the liquidity and standard on the platform is maintained. Diamonds can be uploaded and registered on the platform where they are grouped according to their composite and availability.
|| Token details
The project, all transactions will be carried out using the GlitzKoin token. This, in turn, will allow to exclude intermediaries in the operations, as well as to demonstrate the simplicity and transparency of all financial transactions.forthermore, 999 Million Tokens are created for the project in which 25% of the tokens are reserved for the ICO. The token sale is currently live on the platform. The funds will be spent on the development and marketing of the application. People involved in the project are experts in the diamonds and blockchain technology.
|| Team members
|| Roadmap
Below is the various milestones that Glitzkoin is going to pass through to fully established itself in the diamond industry.
|| Project conclution
The project will be the most precious element for the mankind. So, the process of judging a diamond dealer is entirely dependent on the rationality of the buyer. And, as we know, we are not the best decision makers in the critical situations. Many a time, people get cheated due to the purchase of fake diamond pieces of jewelry or not buying from reputed dealers.
And, development of an application which can make the trading of diamond simple and transparent will always find a place in the market. I think that they have taken the right step by introducing latest technologies in the diamond industry to ensure transparency and reliability. Trust of the people is one of the most important things in the business, and if they are able to win the trust of the people, they will be a leading platform in the diamond industry.
|| More information find the below links,
WEBSITE: https://www.glitzkoin.com
TELEGRAM: https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA
WHITEPAPER: https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=3355944.0
FACEBOOK: https://www.facebook.com/GlitzKoin-193241214767377/
TWITTER: https://twitter.com/GlitzkoinToken
REDDIT: https://www.reddit.com/r/glitzkoin/
MEDIUM: https://medium.com/glitzkoin
Prepared by:
Bitcointalk Username: Luky147
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1547972;sa=summary