What is GLITZKOIN ICO Blockchain?

in #blockchain6 years ago (edited)

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The new innovative projects of GLITZKOIN bring a top quality Block that gives a win-win trading system for diamond vendors and purchasers. Detailed data are mentioned in a tamper-proof atmosphere. Backed their crypto money, they are poised to define a new and supreme standard for diamond dealing.

Summary

The Block-Tech knows how and digital money is reworking the planet and the Diamond trade is not immunity. Regardless of a few nascent efforts, no block-chain system centered on the stone trade has been developed that includes the assorted spots confronted by the deal. The need for visibility, transparency, and objectivity within the diamond deal was felt lots of a long time in the past. The necessity for an individual to individual contact when processing a diamond sale or buy limited the dimensions of the market. GLITZKOIN platform focuses on connecting the most effective choices of the usual diamond deal with, the utility and act of the most recent tech of block know-how.

Diamonds are one of the various worlds, and mainly Africa’s, major pure assets. An estimated 15 Billion USD price of strong diamonds are produced each yr, of that roughly 8.5 billion USD are from Africa (roughly 65 percent). The diamond deal employs roughly 10 M individuals the entire over the world, every directly and not directly, throughout a huge spectrum of parts from mining to trade. Global diamond jewelry gross sales proceed to expand, rising 3-fold prior to currently 25 years, and are at the current price in extra of 79 billion USD yearly.

Pioneering the Block-chain based Diamond trading

Crypto currencies and Block-chain technology are transforming the globe and the Diamond sector is no exception. Despite a few nascent efforts, no block-chain system focused on the diamond business has been developed that encompasses a variety of problems faced by the industry. The need for clearness, objectivity, and visibility in the diamond sector was felt several decades ago. The need for P2P contact when processing a diamond sale or purchase restricted the size of the market. GLITZKOIN project focuses on integrating the most excellent features of the conformist diamond industry with, the functionality and utility of the modern block-chain technology.

Vision:

This doc outlines a vision of the GLITZKOIN for the diamond sector. GLITZKOIN search for to build a block-chain based open system for the diamond business where complete the deal in diamonds can be coordinated and conducted.

GLITZKOIN is a worldwide startup which uses the finest of emerging technology including advanced block-chain, smart agreements and device learning to assist in the decrease of risk and scam for banks, insurers and open market in the diamond and valuable stone commerce. They provide a complete ecosystem for the diamond business from a delivery chain solution to certification and tracking of diamonds and lastly a decentralized replace for a lot of diamonds and linked services.

Diamonds are the entire about glamour, glitter, and status, they represent luxurious and wealth. Deals within the diamond deal are developed by individual contact, the events concerned try to assess each other and move ahead to the enterprise path of. It is rightly stated that it’s finest to worth the diamond vendor before valuing his diamonds. And even after creating use of fundamentally the most meticulous analysis, there is ample range for misconceptions and guesswork. GLITZKOIN project has been initiated to supply clearness and effortlessness to the diamond deal. It integrates the usual diamond deal with the most advanced decentralized web worth ecosystem. Assessments and Evaluations will now not be completed by hunches and guesses.

GLITZKOIN Projects seeks to revise the diamond deal by diminishing restrictions, growing coordination, and instilling faith in cross-border deals for the diamond industry.

Prescient and Imaginative

There’s no such thing as an uncertainty that the completion of GLITZKOIN project, will improve the marketplace attain of the diamond deal. The elevated variableness of goods and the getting of virtual foreign money will create it latent for diamond traders in every respect ranges to expand their market share. On the equal time, the clearness of the complete course of and the verification of the diamonds will instill self-assurance in every skilled and initial time diamond users.

Potential and Market Trends

There’s no doubt that the using of GLITZKOIN, will boost the market access of the diamond business. The improved visibility of products and the reception of crypto money will create it possible for diamond traders at the entire levels to boost their market share. As I mentioned before, at the similar time, the clearness of the whole procedure and the confirmation of the diamonds will encourage confidence in both specialized and initial time diamond purchasers. The absence of a 3rd party and a lowering of moving and other linked costs will let for extremely competitive pricing.

More INFO about the project:

• Official website - https://www.glitzkoin.com/
• Whitepaper - https://www.glitzkoin.com/dist/img/pdf/Glitzkoin-Brochure.pdf
• ANN - https://bitcointalk.org/index.php?topic=3355944.0
• Facebook - https://www.facebook.com/GlitzKoin-193241214767377/
• Twitter - https://twitter.com/GlitzkoinToken
• Telegram - https://t.me/joinchat/H2lmsxLwenY3S8Fp_CFQBA


my bitcointalk name – shans
my bitcointalk url – https://bitcointalk.org/index.php?action=profile;u=1281298

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